The Avinor Group

Abraham Foss new CEO of Avinor

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The former telecom top replaces the current CEO who is retiring.
Photo: Telia Norway
Photo: Telia Norway

-Foss has a broad understanding of society and business and experience of leading large organizations with infrastructural critical tasks. It has been a thorough recruitment process with many good internal and external candidates. The board is very pleased that Foss has accepted the position, says chairman of the board, Anne Carine Tanum.

Abraham Foss has a long career in the telecom industry. He has been CEO of Telia Norway and has held several top management positions in Telenor.

-I look forward to working with many talented employees in Avinor. Avinor is important for the development of local communities, regions and the country. A sustainable aviation system is a key part of Norwegian transport. I have always been interested in the interaction between and development of people, processes and technology. It will be high on the agenda. Avinor is an exciting company, with a clear mission and a clear position, says Foss.

He points out that the entire industry is in a very demanding period.
-The work that has been done in Avinor in recent years, means that the group has a solid platform to build on. I look forward to getting to know the company, the aviation industry and not least the many partners of Avinor, says Abraham Foss.

Will lead the restructuring process further

Avinor is in a major restructuring process as a result of a loss of revenue. - Foss has worked a lot with restructuring work and strategic management. He has extensive experience in building good internal culture, and has digital competence and experience from operations. The board therefore believes that he is well equipped to lead the company further, Tanum concludes.

Foss will take up the position on February 15th. He has been given the same conditions as Dag Falk-Petersen, which indicates a fixed salary of 2.8 million NOK, and a total compensation of approx. 4 million NOK (including pension costs).

Falk-Petersen retires in June. From February to June, he will be available to the board.

 

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Photo: Telia Norway
Photo: Telia Norway
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Om The Avinor Group

Avinor is a wholly-owned state limited company under the Norwegian Ministry of Transport and Communications and is responsible for 44 state-owned airports.

Avinor has taken a leading role in reducing climate gas emissions from the aviation industry, including the development of electric aircrafts and supplying sustainable jet-biojetfuel.

Avinor provides safe and efficient travels for around 50 million passengers annually, half of which travel to and from Oslo Airport.

Over 3000 employees are responsible for planning, developing and operating an efficient airport and air navigation service. Avinor is financed via airport charges and commercial sales.  The air navigation services is organized as ​subsidiary wholly-owned by Avinor. Avinor's headquarter is in Oslo.

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Fourth quarter 2023: Reduced revenue due to changing travel patterns.12.2.2024 14:23:28 CET | Press release

“Avinor's main challenge is reduced revenues due to changes in travel patterns after the pandemic. There are far fewer business travelers than before, and Norwegians' domestic travel activity has levelled off. Lower traffic volume, lack of adjustment of airport taxes, as well as reduced revenue per passenger, largely due to reduced duty-free quota, challenge the Avinor model”, says Abraham Foss, CEO of Avinor.

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