Etihad ropes in former JetBlue executive Mark Powers as CFO
The flag carrier of UAE, Etihad Airways has hired former JetBlue executive Mark Powers as group chief financial officer.
January 10, 2018: The flag carrier of UAE, Etihad Airways has hired former JetBlue executive Mark Powers as group chief financial officer.
According to a release from the Abu Dhabi-based carrier said, Powers will join Etihad this month. Powers will head the finances of Etihad Aviation Group (EAG) which oversees Etihad Airways, engineering, airport, travel services units, and its investments in other carriers.
Powers takes over from Ricky Thirion who held the position in an acting capacity since July 1. Thirion will resume his role as group treasurer, Etihad said.
According to reports, Etihad reported a $1.9 billion loss for 2016, its first since 2010. Etihad also announced realignment or discontinuing of several routes last year including to US cities San Francisco and Dallas.
Recently Etihad had signed an aviation security pact with Emirates, the first such cooperation agreement between the two UAE-based rivals.
Photo: Bloomberg
