{"id":10683,"date":"2022-08-09T15:26:22","date_gmt":"2022-08-09T14:26:22","guid":{"rendered":"https:\/\/cfi.co\/awards\/?p=10683"},"modified":"2022-08-09T15:29:26","modified_gmt":"2022-08-09T14:29:26","slug":"air-austral-best-airline-financial-management-team-indian-ocean-2022","status":"publish","type":"post","link":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/","title":{"rendered":"Air Austral: Best Airline Financial Management Team Indian Ocean 2022"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7917\" src=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral.jpg\" alt=\"Air Austral\" width=\"400\" height=\"185\" srcset=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral.jpg 400w, https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral-300x139.jpg 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/p>\n<p style=\"text-align: justify;\">Air Austral has implemented a Covid recovery plan that\u2019s fuelled by the momentum of strategic partnerships and conscientious fiscal management. The company has established itself as an aeronautical jewel of the Indian Ocean with operations that contribute significantly to the economic and political sustainability of the island. The airline, which is headquartered in the French overseas department and region of Reunion Island, offers direct flights to mainland France (European connection via code share agreement with Air France), Asia and the Indian Ocean. It adds another 100 destinations through codeshare partnerships and aviation alliances. The airline commenced operations in 1990, with the island&#8217;s regional council as a shareholder. Air Austral\u2019s longstanding CEO Marie-Joseph Mal\u00e9, who has driven the company\u2019s financial management strategy over the past decade, left the airline in June 2022. Mr. Mal\u00e9 spearheaded the airline\u2019s financial recovery in 2012, regaining balance within a year. In 2017, he implemented a profitable differentiating strategy to address the rise in undercutting offers from budget airlines. The departing CEO leaves the company with the necessary assets to face whatever challenges may arise. He passes the reins to incoming CEO Joseph Br\u00e9ma, who has served as Air Austral\u2019s deputy general manager of economic and financial affairs for three decades. Air Austral is reaping the rewards of a digital transformation journey that began two years ago, from streamlined internal processes to an enhanced customer experience. The CFI.co judging panel recognises Air Austral \u2014 a repeat programme winner \u2014 with the 2022 award for Best Airline Financial Management Team (Indian Ocean).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Air Austral has implemented a Covid recovery plan that\u2019s fuelled by the momentum of strategic partnerships and conscientious fiscal management. The company has established itself as an aeronautical jewel of<\/p>\n","protected":false},"author":1,"featured_media":7918,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3,11,53,14,31],"tags":[57],"class_list":["post-10683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-finance","category-front","category-industries","category-transport","tag-aviation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.6 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Air Austral: Best Airline Financial Management Team Indian Ocean 2022 - CFI.co<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Air Austral: Best Airline Financial Management Team Indian Ocean 2022\" \/>\n<meta property=\"og:description\" content=\"Air Austral has implemented a Covid recovery plan that\u2019s fuelled by the momentum of strategic partnerships and conscientious fiscal management. The company has established itself as an aeronautical jewel of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"CFI.co\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CapitalFinanceInternational\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-09T14:26:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-09T14:29:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral-thumb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"349\" \/>\n\t<meta property=\"og:image:height\" content=\"218\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"marten\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CFIMagazine\" \/>\n<meta name=\"twitter:site\" content=\"@CFIMagazine\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"marten\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/\"},\"author\":{\"name\":\"marten\",\"@id\":\"https:\/\/cfi.co\/awards\/#\/schema\/person\/e3ad9b01223c3a8168d49fc9b884a909\"},\"headline\":\"Air Austral: Best Airline Financial Management Team Indian Ocean 2022\",\"datePublished\":\"2022-08-09T14:26:22+00:00\",\"dateModified\":\"2022-08-09T14:29:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/\"},\"wordCount\":264,\"image\":{\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral-thumb.jpg\",\"keywords\":[\"Aviation\"],\"articleSection\":[\"Asia Pacific\",\"Finance\",\"FRONT\",\"Industries\",\"Transport\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/\",\"url\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/\",\"name\":\"Air Austral: Best Airline Financial Management Team Indian Ocean 2022 - CFI.co\",\"isPartOf\":{\"@id\":\"https:\/\/cfi.co\/awards\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral-thumb.jpg\",\"datePublished\":\"2022-08-09T14:26:22+00:00\",\"dateModified\":\"2022-08-09T14:29:26+00:00\",\"author\":{\"@id\":\"https:\/\/cfi.co\/awards\/#\/schema\/person\/e3ad9b01223c3a8168d49fc9b884a909\"},\"breadcrumb\":{\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#primaryimage\",\"url\":\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral-thumb.jpg\",\"contentUrl\":\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral-thumb.jpg\",\"width\":349,\"height\":218,\"caption\":\"Air Austral\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cfi.co\/awards\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Air Austral: Best Airline Financial Management Team Indian Ocean 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cfi.co\/awards\/#website\",\"url\":\"https:\/\/cfi.co\/awards\/\",\"name\":\"CFI.co\",\"description\":\"Awards\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cfi.co\/awards\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cfi.co\/awards\/#\/schema\/person\/e3ad9b01223c3a8168d49fc9b884a909\",\"name\":\"marten\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cfi.co\/awards\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cba215529388907795149c7f3a29e812b17a839430ad09073ac8adeb2fd3b7f4?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cba215529388907795149c7f3a29e812b17a839430ad09073ac8adeb2fd3b7f4?s=96&d=blank&r=g\",\"caption\":\"marten\"},\"url\":\"https:\/\/cfi.co\/awards\/author\/marten\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Air Austral: Best Airline Financial Management Team Indian Ocean 2022 - CFI.co","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/","og_locale":"en_US","og_type":"article","og_title":"Air Austral: Best Airline Financial Management Team Indian Ocean 2022","og_description":"Air Austral has implemented a Covid recovery plan that\u2019s fuelled by the momentum of strategic partnerships and conscientious fiscal management. The company has established itself as an aeronautical jewel of","og_url":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/","og_site_name":"CFI.co","article_publisher":"https:\/\/www.facebook.com\/CapitalFinanceInternational\/","article_published_time":"2022-08-09T14:26:22+00:00","article_modified_time":"2022-08-09T14:29:26+00:00","og_image":[{"width":349,"height":218,"url":"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral-thumb.jpg","type":"image\/jpeg"}],"author":"marten","twitter_card":"summary_large_image","twitter_creator":"@CFIMagazine","twitter_site":"@CFIMagazine","twitter_misc":{"Written by":"marten","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#article","isPartOf":{"@id":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/"},"author":{"name":"marten","@id":"https:\/\/cfi.co\/awards\/#\/schema\/person\/e3ad9b01223c3a8168d49fc9b884a909"},"headline":"Air Austral: Best Airline Financial Management Team Indian Ocean 2022","datePublished":"2022-08-09T14:26:22+00:00","dateModified":"2022-08-09T14:29:26+00:00","mainEntityOfPage":{"@id":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/"},"wordCount":264,"image":{"@id":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#primaryimage"},"thumbnailUrl":"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral-thumb.jpg","keywords":["Aviation"],"articleSection":["Asia Pacific","Finance","FRONT","Industries","Transport"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/","url":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/","name":"Air Austral: Best Airline Financial Management Team Indian Ocean 2022 - CFI.co","isPartOf":{"@id":"https:\/\/cfi.co\/awards\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#primaryimage"},"image":{"@id":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#primaryimage"},"thumbnailUrl":"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral-thumb.jpg","datePublished":"2022-08-09T14:26:22+00:00","dateModified":"2022-08-09T14:29:26+00:00","author":{"@id":"https:\/\/cfi.co\/awards\/#\/schema\/person\/e3ad9b01223c3a8168d49fc9b884a909"},"breadcrumb":{"@id":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#primaryimage","url":"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral-thumb.jpg","contentUrl":"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/07\/Air-Austral-thumb.jpg","width":349,"height":218,"caption":"Air Austral"},{"@type":"BreadcrumbList","@id":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/air-austral-best-airline-financial-management-team-indian-ocean-2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cfi.co\/awards\/"},{"@type":"ListItem","position":2,"name":"Air Austral: Best Airline Financial Management Team Indian Ocean 2022"}]},{"@type":"WebSite","@id":"https:\/\/cfi.co\/awards\/#website","url":"https:\/\/cfi.co\/awards\/","name":"CFI.co","description":"Awards","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cfi.co\/awards\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cfi.co\/awards\/#\/schema\/person\/e3ad9b01223c3a8168d49fc9b884a909","name":"marten","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cfi.co\/awards\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cba215529388907795149c7f3a29e812b17a839430ad09073ac8adeb2fd3b7f4?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cba215529388907795149c7f3a29e812b17a839430ad09073ac8adeb2fd3b7f4?s=96&d=blank&r=g","caption":"marten"},"url":"https:\/\/cfi.co\/awards\/author\/marten\/"}]}},"_links":{"self":[{"href":"https:\/\/cfi.co\/awards\/wp-json\/wp\/v2\/posts\/10683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfi.co\/awards\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfi.co\/awards\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfi.co\/awards\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cfi.co\/awards\/wp-json\/wp\/v2\/comments?post=10683"}],"version-history":[{"count":0,"href":"https:\/\/cfi.co\/awards\/wp-json\/wp\/v2\/posts\/10683\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cfi.co\/awards\/wp-json\/wp\/v2\/media\/7918"}],"wp:attachment":[{"href":"https:\/\/cfi.co\/awards\/wp-json\/wp\/v2\/media?parent=10683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfi.co\/awards\/wp-json\/wp\/v2\/categories?post=10683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfi.co\/awards\/wp-json\/wp\/v2\/tags?post=10683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}