It now appears that Jetstar has just recently shifted one of its New Zealand managers over to its problematic Vietnamese operations. The manager going over will be the new Chief Operations Officer. He will be taking over from one of the executives, who is currently being investigated by Vietnamese authorities.
Jetstar did go on to confirm that Jason Cameron, from Jetstar NZ Manager Operations, has recently been relocated to Vietnam. His young family has been moved as well, and he will take up the position of Jetstar Pacific COO.
The position did become available after Vietnamese authorities launched investigations on the former COO, Daniela Marsilli, as well as on CFO, Tristan Freeman. This was due to issues related to unprofitable fuel hedging trades.
A spokesperson for Jetstar, Simon Westway, said that the move was one of many rolling transitions in its operations. Mr Cameron was very keen on the opportunity when it came up. Jetstar maintained the idea that this investment has been viewed as long term.
Just recently the Vietnamese government ruled that local airlines were not allowed to operate under foreign brands. This left Jetstar Pacific operations in doubt. Some have viewed that the move as an attempt by the Vietnamese government to edge out Qantas from its aviation market. Right now Qantas owns a 27 percent stake in the regional carrier. However, none of these claims can be confirmed as of now.
The aviation world is ever changing. Due to the recent economic down turn that really hurt the travel industry, more and more companies have had to do new things to stay in business.