Bloomberg/Christopher Pike

Moves

Etihad Aviation appoints new Chief Financial Officer

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Andrew Macfarlane was the Abu Dhabi Investment Authority’s (ADIA) Head of Operations, Real Estate and Infrastructure Department in 2014.

Tuesday 18, June 2019

(Bloomberg) --Etihad Aviation Group has appointed Andrew Macfarlane, a former ADIA executive, as its chief financial officer as the state-owned carrier pushes ahead with a restructuring plan.

Etihad reduced 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 the former head of London’s Heathrow airport Tony Douglas and in 2018 the carrier posted a loss of $1.28 billion.

Macfarlane replaces Adam Boukadida, who became the interim CFO in April after Mark Powers left the company.

Prior to joining ADIA, Macfarlane was the CFO of Dublin-based Aer Lingus.

TAGS : Etihad Aviation Group, Andrew Macfarlane, Abu Dhabi Investment Authority

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