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Ex-Binter boss sells his shares

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The businessman Pedro Agustín del Castillo sells all of his shares in the regional airline. Namely to the remaining shareholders of the company.

The securities would be worth the equivalent of US$20,7 million, according to the aviation portal CH-Aviation . Binter CEO Pedro Agustín del Castillo stepped down after two successful decades as president of the Canary Islands airline. He intends to focus entirely on his family businesses in the future. His former vice president, Rodolfo Núñez Ruano, succeeded del Castillo as CEO.

Before the outbreak of the coronavirus crisis, Binter Canarias had achieved the best numbers in the company's history under his leadership - four million passengers annually and an expansion beyond the borders of the archipelago. That can definitely be seen. His daughter Susana del Castillo will take over his seat on the Board of Directors, who will now look after the interests of the family together with Council members Fernando del Castillo and Miguel Escudero.

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