Ashkanani Travel Agency’s appointments make it ‘more of a travel agency than a travel agent’

SANTA CLARA, Calif.

— Ashkanani Airlines, the travel agency that was embroiled in a bitter fight with its former chief executive and other top executives over the years, is closing.

The airline’s board on Wednesday voted to dismiss CEO John Ashkanaini and other executives at the company, which has faced mounting pressure to improve its finances and overhaul its operations after a series of financial missteps.

Ashkanainis departure comes as other airlines and executives are trying to avoid facing similar scrutiny.

The company said Ashkanian had been named interim CEO on Tuesday and was stepping down by the end of the month.

Ashkenani, a San Francisco-based operator, has struggled to find a buyer since its former CEO, John K. Ashkenani Jr., left in 2012 amid allegations of improper business practices.

He had resigned from his seat on the board after it was revealed that he had used company funds to travel for business.

More: Former Ashkenian CEO resigns amid probe over hotel spendingMore: Ashkenians attorney says he’s not guilty of embezzlementMore: Federal agents raid Ashkenainis Santa Clara homeMore: Santa Clara County seeks Ashkenania plane to fly from New York to San Francisco