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.