Executives in Focus Latest News

Rafael Jiménez Hoyos takes over as CEO of LEVEL as Fernando Candela retires

Rafael Jiménez Hoyos takes over as CEO of LEVEL as Fernando Candela retires
Apart from Rafael experience at managerial positions, he brings a deep knowledge of aviation as he is a graduate of the Spanish Air Force Academy

International Airlines Group (IAG) has appointed Rafael Jiménez Hoyos as the new chief executive of LEVEL, IAG’s long-haul airline operating from Barcelona, effective October 1, 2024. He will replace Fernando Candela, who will retire the following year after a successful stint as the chief executive of LEVEL.

Prior to taking up the responsibility as chief executive, Hoyos held the post of chief operating officer of Iberia. He joined Iberia in 2013 and since then he wore many hats like director of flight operations at Iberia Express, director of flight operations and director of quality and operational safety at Vueling.

Apart from his experience at managerial positions, he brings a deep knowledge of aviation as he is a graduate of the Spanish Air Force Academy and an A320 commander and examiner. As a commercial pilot, he has worked as a commander in clickair, Vueling, Iberia Express and Air Nostrum. In his military career, he was a combat pilot in the Spanish air force, participating in missions abroad alongside the US air force and was part of the Spanish Eagle Patrol.

Praising Hoyos, Luis Gallego, chief executive, IAG says that Hoyos contribution has been fundamental to achieve Iberia’s operational excellence, becoming one of the most punctual airlines in the world. “In this new phase, LEVEL will continue working to grow the airline and connect Barcelona with the world,” Gallego adds.

He further goes on to thank Candela for his extraordinary leadership and commitment since he joined LEVEL in 2019.

As part of the Group’s strategy, LEVEL is developing an ambitious growth plan. The airline is completing the process to obtain its Air Operator Certificate (AOC), continues to grow its fleet with the target of reaching eight aircraft by 2026 (it currently has six) and is reporting double-digit operating margin and operational excellence backed by punctuality of over 85% in 2023. 

Also Read: BAS acquires CFM56-5A to expand engine components portfolio

In the current financial year, LEVEL has increased capacity to destinations such as New York, Los Angeles, San Francisco and Boston, and has launched the route to Miami in the North Atlantic market. In Latin America, it is reinforcing routes to Santiago de Chile and Buenos Aires. Overall, by 2024, LEVEL has increased its capacity to nearly one million seats, almost doubling the figure offered in 2019. As a result, LEVEL is, since 2023, the leading long-haul operator at Josep Tarradellas Barcelona-El Prat airport, making a fundamental contribution to the development and consolidation of Barcelona’s hub and its international connectivity.