Saudi’s Flyadeal CEO Steven Greenway Steps Down

Key Points

• Steven Greenway, CEO of Saudi budget airline Flyadeal, has voluntarily stepped down and will serve as an adviser through year-end.
• Sanjiv Kapoor, Saudia’s EVP of strategies, transformation, and sustainability, is named interim CEO while a search for a permanent successor is underway.
• Greenway’s departure occurs amid regional geopolitical uncertainties and mirrors recent CEO changes at other major airlines.

Summary

Steven Greenway has voluntarily stepped down as CEO of Flyadeal, Saudi Arabia’s budget airline, after joining in 2023, and will serve as an adviser until the end of the year. Sanjiv Kapoor, Saudia’s EVP of strategies, transformation, and sustainability, has been appointed as interim CEO while a search for a permanent replacement is conducted. Greenway’s departure comes at a time of regional geopolitical uncertainty and reflects a broader pattern of leadership changes among major global airlines.