RED aircraft – the aero engine producer – has appointed its new CEO Jürgen Schwarz, with effect from November 1, 2021. Schwarz previously occupied the position of Head of Commercial within RED aircraft. Schwarz replaces Dmitry Remsha as CEO, with Remsha now occupying the position of CFO, a position in which he had previously occupied until April 2020. Before his most recent positions at RED aircraft, Schwarz was managing director of Continental Aerospace Technologies. In his new position, Schwarz will be responsible for the overall running of the company, alongside managing resources, marketing and acting as a point of contact