Escape from Armageddon

Gavin Lipsith

15-Oct-2006

A few months ago the future looked bleak for Alpha Airports Group. Its shares were suspended, CEO Kevin Abbott was one of several senior directors forced to resign and the company was facing what group commercial director David King calls "an Armageddon situation"

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Yet less than six months later Alpha—and King—are in bullish form. Now under the supervision of former-Selfridges CEO Peter Williams, Alpha has achieved a solid set of half-year results, won

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(1-May-2006) - UK. As DFNI went to press, trading in Alpha Airports Group shares remained suspended as the retail and catering specialist sought clarification of auditor PricewaterhouseCoopers' (PwC) withdrawal of approval of its preliminary results for the year ended January 31
(31-Mar-2006) - David King is to take on a wide-ranging role as Alpha group commercial director, while Alpha Inflight Retail managing director Paul Possamai is to leave the company
(15-Jul-2006) - UK. Alpha Airports Group CEO Peter Williams has insisted that the company has "a bright future" as it emerges from the turmoil that led to the departure of predecessor Kevin Abbott and finance director Heather McRae and caused trading in the company's shares to be suspended