In a significant development for the aviation industry, Air New Zealand has confirmed the resignation of its CEO, Greg Foran, after a distinguished tenure of four years. The announcement, made public on March 6, 2025, marks the end of Foran’s leadership at the helm of the national carrier, a role he took up in 2020, following his previous successes as the CEO of Walmart’s U.S. operations.
Foran’s departure comes as the airline continues to recover from the challenges posed by the global COVID-19 pandemic. Under his leadership, Air New Zealand navigated the complex dynamics of a drastically changing travel industry, steering the company through turbulent waters with a focus on safety, customer service, and financial stability. During his time at the company, Foran implemented a series of key strategic decisions, including the acceleration of digital transformation and a renewed emphasis on sustainable aviation practices.
While Foran’s tenure saw numerous challenges, such as ongoing travel restrictions and the need for significant restructuring to manage costs, his leadership is widely credited with stabilizing the airline and positioning it for long-term growth. The airline also launched several new routes, expanded its fleet, and further solidified its reputation as one of the world’s most admired and safest airlines.
In his resignation announcement, Foran expressed his gratitude for the opportunity to lead Air New Zealand and thanked the airline’s employees, customers, and stakeholders for their unwavering support throughout his tenure. It has been an honor to lead such a distinguished airline, and I am incredibly proud of what we have accomplished together during such an unprecedented time in aviation history. While it is bittersweet to step down, I believe the company is in a strong position for the future, and it’s the right time to make way for new leadership.
The resignation of Greg Foran marks a pivotal moment for the airline as it looks to the future. In a statement, the airline’s board of directors confirmed that they had initiated a global search for a new CEO to succeed Foran. The board expressed confidence that a smooth transition would occur, with a focus on selecting a leader who will continue to drive the airline’s commitment to excellence, customer experience, and sustainability.
Chairperson of Air New Zealand’s board, Dame Therese Walsh, acknowledged Foran’s outstanding leadership during one of the most challenging periods in the company’s history. Greg’s leadership has been exemplary, particularly as the airline adapted to the challenges of the pandemic. He has ensured that Air New Zealand remains an essential part of the New Zealand economy and a beloved brand worldwide. We thank Greg for his immense contribution to the airline and wish him the very best in his future endeavors.
The company has also confirmed that Foran will remain in his role until a successor is appointed to ensure continuity in leadership. Additionally, the airline’s senior management team will work closely with the board to maintain stability during the transition period.
Under Foran’s leadership, Air New Zealand strengthened its reputation as a world leader in customer service. The airline was regularly recognized for its exceptional passenger experience and innovative approaches to travel. It also made significant strides in environmental sustainability, including a pledge to reduce carbon emissions in line with the global aviation industry’s climate goals.
Foran’s strategic vision also placed a strong emphasis on improving the airline’s operational efficiency and enhancing the overall value proposition for its customers. Air New Zealand’s recovery following the pandemic was swift, thanks in part to Foran’s clear direction and ability to make tough decisions during uncertain times.
However, as the global aviation industry faces new challenges from rising fuel costs to increasing competition in key markets Air New Zealand will now look for a leader who can build on these successes and further position the company for success in a rapidly evolving market.
Air New Zealand has reaffirmed its commitment to continue its growth trajectory, focusing on expanding its network, advancing sustainability efforts, and exploring new technological innovations to enhance the customer experience. The company is also actively engaging with stakeholders to ensure that it remains well-positioned for the future of global aviation.
As for Greg Foran, the resignation marks the end of a pivotal chapter in his career. While he did not provide specifics on his next move, industry experts believe his experience in managing complex organizations and navigating global challenges will open up a wide range of opportunities in the future.
Air New Zealand’s board of directors emphasized that despite the leadership change, the airline’s core mission and values remain unchanged. As the search for a new CEO intensifies, the company’s focus will remain on ensuring a smooth transition and continuing its tradition of excellence in air travel.
