Financial industry lobbyist Nicholas E. Calio will replace James C. May as president and CEO of the Air Transportation Association, the group representing the airline industry in Washington.
Calio is a former advisor to presidents George W. Bush and George H.W. Bush who has been executive vice president of global government affairs at Citigroup since 2003.
Calio’s time at Citigroup included the meltdown in the financial industry that prompted the huge government bank bailout, including the Bush administration’s $45 billion bailout of Citigroup. As chief lobbyist in Washington for Citigroup, he helped lead banking industry efforts to shape new financial industry regulation that President Obama signed into law last year.
Bank bailout analysis from JOC:
Transportation Gut Check.
As the chief congressional liaison to Congress for both Bush presidential administrations, Calio had a reputation for working well with Republicans and Democrats in Washington, according to Glenn Tilton, chairman of United Continental Holdings and chairman of the ATA board.
“Having a professional as experienced and widely respected as Nick will be vital as the airline industry confronts a number of key issues -- from improving access to international markets and increasing federal investment in air traffic infrastructure to reducing taxation and regulation,” Tilton said in a statement.
Calio will take over from May on Jan. 1, 2011.