Aviation
Abu Dhabi Wealth Fund Executive Joins Etihad Aviation as CFO

(Bloomberg) — Etihad Aviation Group appointed former Abu Dhabi Investment Authority executive, Andrew Macfarlane, its chief financial officer as the state-owned carrier pushes ahead with a restructuring plan.
Macfarlane was the sovereign wealth fund’s head of operations, real estate and infrastructure department in 2014, according to his LinkedIn profile. Prior to that he was the CFO of Dublin-based Aer Lingus. A spokeswoman for Etihad confirmed Macfarlane’s appointment.
Etihad slimmed its routes and slashed aircraft orders worth $21.4 billion after abandoning a plan to build a global network of airline investments. The turnaround effort is being led by former head of London’s Heathrow airport Tony Douglas. The carrier posted a loss of $1.28 billion in 2018.
Macfarlane replaces Adam Boukadida, who became the interim CFO in April after Mark Powers left the company. Powers joined the group in January 2018.
Read more:
https://www.businessliveme.com/abu-dhabis-manufacturing-sector-grows-by-5-9/
-
OER Magazines1 month ago
OER, July 25
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, July 25
-
Education2 months ago
Russia offers diverse tourism and education opportunities: Sofia Malyavina
-
Digital2 months ago
Russia’s Digital Frontier: An Inside Look with Alexey Goreslavsky of IRI
-
News1 month ago
OpenAI Strengthens ChatGPT’s Mental Health Safeguards Ahead of GPT-5 Launch
-
Banking & Finance2 months ago
Sohar International Partners as Main Sponsor for Refill 3, a Culinary and Cultural Festival Driving Tourism in Khareef Dhofar
-
Banking & Finance2 months ago
Tender results of Government Treasury Bills worth RO21.7 million issued
-
Energy1 month ago
SOHAR Port and Freezone Signs MoU to Develop Natural Hydrogen Value Chain in Oman
You must be logged in to post a comment Login