Management and Structure
The Greenland Home Rule Government and the SAS Group are the largest shareholders of the airline, owning a 37.5% stake each. The Kingdom of Denmark owns the remaining 25% of the stock. The Ministry of Housing, Infrastructure, and Transport oversees the development of the transport industry in Greenland and controls Mittarfeqarfiit, the airport authority in Greenland. Between them, they control mandatory services, airport taxes, pricing policies, maritime connections, and tourism development, effectively allowing Greenland Home Rule to control the company in spite of the other stakeholders.
The board of directors, chaired by Julia Pars of Greenland Home Rule, includes representatives of all three shareholders and the airline employees. Michael Binzer, previously heading the airline's marketing and sales department, has been holding the position of chief executive officer since June 2007.
Headquartered in Nuuk, the airline had 668 employees in December 2009. The airline's technical base is located at Nuuk Airport.
Read more about this topic: Air Greenland
Famous quotes containing the words management and/or structure:
“The Management Area of Cherokee
National Forest, interested in fish,
Has mapped Tellico and Bald Rivers
And North River, with the tributaries
Brookshire Branch and Sugar Cove Creed:
A fishy map for facile fishery....”
—Allen Tate (1899–1979)
“Who says that fictions only and false hair
Become a verse? Is there in truth no beauty?
Is all good structure in a winding stair?
May no lines pass, except they do their duty
Not to a true, but painted chair?”
—George Herbert (1593–1633)