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/
-
Economy2 months agoNumber of Workers in GCC Countries Increase From 2021 to 2025
-
OER Magazines2 months agoDossier Oman: Banking, Finance & Insurance Special Edition
-
Magazines1 month agoOER Magazine April 2026 Issue
-
Oman2 months agoREVIEW: WHOOP and the Rise of Performance Luxury
-
Economy2 months agoElectricity Tariffs Reduced for Residential Use – What It Means for You
-
Lifestyle1 month agoAP x Swatch Royal Pop: A Rule-Breaking Collaboration That Takes the Royal Oak Off the Wrist
-
News2 months agoANALYSIS: Oil Slips As Peace Hopes Reprice Middle East Risk, But Supply Tightness Keeps Market On Edge
-
Banking & Finance1 month agoTariq Atiq Appointed as CEO of Bank Nizwa

You must be logged in to post a comment Login