MONTREAL – ********** chief executive Calin Rovinescu is the new chairman of the IATA board of governors, a trade association representing some 240 airlines.

Rovinescu’s term is for one year, effective immediately.

He succeeds Delta Air Lines chief executive Richard Anderson whose term expired at the end of IATA’s annual meeting and ***** air transport summit in Doha, Qatar.

Rovinescu joined ********** (TSX:AC.B) in 2000 and was chief restructuring officer during the *******’s 2003-2004 restructuring before leaving to help found Genuity Capital Markets.

He was named chief executive of the ******* in 2009.

The International Air Transport Association (IATA) helps formulate industry policy on aviation issues.

Source: The Canadian Press