Holly Nelson is to be Virgin America’s new chief financial officer. She will join the airline in April, and will oversee all financial operations, including treasury, tax, financial planning and analysis, accounting, financial reporting, budgets, procurement and fleet planning.
“Holly brings an invaluable depth of financial expertise, specifically with growing start-up airlines. We’re pleased to welcome Holly to the team, and know that with her experience she will play a critical role in driving continued cost-efficiencies and strong revenue performance, as we grow the company and expand our innovative, low-fare service,” said David Cush, president and chief executive officer of Virgin America.
Nelson brings 23 years of financial experience in the commercial aviation sector to the Virgin America team. She most recently served as SVP finance and controller at XOJET, before which her experience includes six years at JetBlue Airways where she reached the position of senior vice-president, controller and chief accounting officer. Nelson has also held senior positions with Northwest Airlines, Eos Airlines, Nabisco Brands, and KPMG.
The DoD has changed its structures and is been increasing efforts to facilitate access to loans by companies interested in working with artificial intelligence, advanced materials and semiconductors, biotechnology and quantum science.
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
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