In his first year 2018, at the helm, Douglas succeeded in cutting the loss to $-1.28 billion. Among other issues, Mr Douglas talked of the importance o: - " Etihad Wellness" in attracting business class sales. "He will need to be focused on the restructure of the airline as it divests of some of its significant equity stakes and reviews its network and moderates its growth ambitions.". This 'Money Pit' Airline Says It's Finally Set Up To - Forbes His primary source of income is from his working career as a Business executive. We're working with everybody who can coordinate and contribute to this particular challenge. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Tony Douglas Former Etihad CEO Has Reportedly Already Left Saudi Active as a journalist since 1987, with a background in newspapers, magazines, and a regional news station, Richard has been covering commercial aviation on a freelance basis since late 2016. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Revenue management used to be a heavy degree of science and a sprinkle of art. I'll perhaps come back to that if I may, in a moment. Etihad offers to sell its entire stake in Jet Airways to SBI Sustainable aviation fuels are in excess of two and a half times more expensive than conventional aviation fuels at the moment. Tony Douglas (businessman) is a British businessman. He has been the CEO of Etihad Airways since January 2018. Etihad further improved its results and reduces its loss to $-0.87 billion in 2019. Dec 13, 2021, 4:47 AM PST. tony douglas salary etihad Thanks to our transformation program, Etihad is emerging from the pandemic stronger than ever, with a world-class fleet, an unmatched customer proposition, and sustainability woven into every fiber of our business.. Aviation is responsible for around 2.5 percent of global carbon dioxide emissions. Etihad Airways, Group CEO Tony Douglas: "never waste a good crisis" The only reason why I tease this one out is, I think to date within this particular subject matter, there's probably been more dialogue with governments and regulators around the threat of the stick, as opposed to being, I believe more balanced around the constructive side of the carrot, ie, how we incentivise. Leadership We flew over 50% sustainable aviation fuel from Charleston into Abu Dhabi, that's a good 13 hour plus flight, and we've been very, very active in this space. And then came the Covid years. Today you can go on to Etihad.com and if you want to book a charter, you can go online, book in your point of origin, your point of destination, the number of people that leave with you, and we'll give you a quote. Douglas's history in Abu Dhabi "is likely to be significant in providing a sense of trust by the owners," aviation consultant John Strickland told Reuters. Thanks for coming along and talking to today. CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets. In 2019, Etihad introduced the Boeing 787-9 Greenliner (left in the main picture with Boeings Stan Deal at the 2019 Dubai Airshow), and this year the Airbus A350-1000 Sustainability50, which have tested numerous initiatives to improve in-flight efficiency. Also learn about how he is rich at the age of 49 years old? They were never optimised for the way in which today, some of the busiest routes in the world, in obviously Europe, North America and other locations can be optimised, so there's a big opportunity in our opinion there. Etihad names new CEO | LinkedIn tony douglas etihad net worth - randomgoodness.ca Ray Gammell, who has served as interim group CEO since May will return to his position as Group Chief People & Performance Officer, Etihad said. They've got a habit of being obviously, extremely changeable, and I think what's brought, again, our transformation process over the last three years, the benefits from that to the fore, is the fact that it's made us an awful lot more agile. In Abu Dhabi is every time a country goes onto the green list within the following week our sales goes up anything between three and 600%. You might go through a non-segregated airport environment, and you may be in a very packed hotel where there is no differentiation between those people who are vaccinated and those people who are not. As it transformed, so did Etihads ownership. Many, many years ago, I can remember when it was almost like an annual cycle as part of doing next year's budget or part of the winter season and the summer season. There's no history that's relevant to today is there? It's worth noting that Planespotters.net lists another two 777-300ERs in a VIP configuration, but we've excluded these jets from the count. It comes to, as many of us would be aware of, that the air traffic controlled designated flight paths that are in the skies above us all, for me are almost analogous of the Roman roads, ie, that were laid down in a particular point in history, when of course commercial aviation didn't operate anything like it doesn't today. In line with the countrysVision 2030 to boost tourism and traffic, RIA should become a high-quality second national airline besides Saudia, which has been in business since 1945. . Douglas served as group CEO at Etihad Aviation Group from January 2018 and led the airline's turnaround by optimising costs, streamlining processes and its travel network. Etihad Chairman Mohammed Ali Al Shorafa thanked Douglas for his efforts: It was this summer when the first reports emerged that Douglas had been poached by the Saudi Public Investment Fund to lead the new airline, which unofficially has been branded RIA. See here for a complete list of exchanges and delays. Im excited to embark on this new role and build on the solid foundation left by Tony and the management team. Sustainability50, which carries a unique livery in recognition of the 50th anniversary of the federation of the UAE and Etihad's commitment to net-zero carbon emissions by 2050. Unfortunately we do have to conclude too, but Tony, thanks very much for being with us today. There's other big areas within this, around how we work with traffic controllers and regulators, to be able to get wherever possible, controlled climbs and continuous descent happen. I think, equally, this will force many operators to have to rethink their business model. Some of that's around the use of smarter technology, so machine learning, artificial intelligence. The Other Big Middle East Airline! The Saudia Fleet In 2023 - MSN Live from Hong Kong, bringing you the most important global business and breaking markets news information as it happens. Saudi Arabia's wealth fund has named former Etihad Aviation Group boss Tony Douglas chief executive officer of a new national airline, as the country looks to boost tourism and diversify the. Economic Development Research Organization. Mohammad Al Bulooki Chief Operating Officer Learn more Raffael Quintas Chief Financial Officer Big picture first, what's the feel as you see it looking out of your window? He left in 2015 to take on the role with the British government and will return to Abu Dhabi with the opening of that terminal now delayed until 2019. After its ownership was transferred to Abu Dhabi Wealth fund ADQ, UAE flag carrier Etihad Airways appointed Antonoaldo Neves the former chief of TAP Air Portugal as the new group CEO, succeeding Tony Douglas, who took on a new role to head Saudi Arabia's new $30 billion national carrier, RIA, Arabian Business . on behalf of all of the Etihad family."Group CEO Tony Douglas shares a. That seems to me that governments are being highly hypocritical in many cases, by not recognising the fact that they're the ones who are actually standing in the way of progress, particularly when you get into Europe. Where Is Etihad Sending Its Airbus A350-1000s This Month? Doing all of that, expecting that over time, as vaccine curves get more mature and therefore travel restrictions start to ease, we're best placed to be able to capitalise upon it. Douglas, under whose tenure Etihad trimmed its ambitions and started reorganising as a mid-sized carrier focused on point-to-point traffic, said he was proud to have served as chief executive. Douglas - who has been in charge of the UAE national carrier since 2018 - could take the helm later this year. His departure leaves a void just as Britain plunges into a war of words with one of its biggest defense equipment suppliers, Boeing, over a trade row that could affect aerospace jobs in Northern Ireland. A day later on October 19, ADQ appointed Antonoaldo Neves as the airlines new CEO, joining Etihad with a history as CEO and Board Member of TAP Portugal and Azul Airlines before that. Etihad CEO issues call to make aviation industry net zero | AGBI Over in India, the early morning service to Delhi may see an A350, but it's much more likely to be operated by a 787-9 or -10. It was a plan that we concluded just over two years ago and today we're operational with Air Arabia Abu Dhabi and that's a critical component for us operating here on narrowbody, within the GCC and into Eastern Europe and the Indian subcontinent. The US carriers accuse Etihad as well as Emirates and Qatar Airways of being propped up by $50 billion of government subsidies, in violation of international air transport treaties. Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group. Abu Dhabi eyes aviation services giant to boost its manufacturing, UAEs Etihad confirms Airbus A350 freighter order, Etihad CEO issues call to make aviation industry net zero, Qatar Airways CEO plays down threat of competition, Lebanons tourism minister hails $9bn revenues, Turkeys tourism revenue rises 33% to $8.7bn in Q1 2023, Sustainability looms large at Arabian Travel Market 2023, Saudi hotel development costs estimated at $38bn, Antonoaldo Neves previously turned around TAP airline in Portugal, Outgoing chief said to be joining new Saudi airline RIA. Etihad Airways Appoints Antonoaldo Neves New CEO, Replacing Tony Douglas. Firstly, vaccination curves increasing in many countries, a corresponding slight easing in travel restrictions that followed. Etihad has been involved in the HOPE Consortium, so we are the logistics partner of the HOPE Consortium, which is a group of organisations dedicated to being able to get vaccines to places that have more challenges. Tony Douglas the man who turned around Etihad. Tony Douglas-0929. university We were the first airline in the world to have a 100% vaccinated cabin crew and flight crew. Etihad walked out, having lost hundreds of millions on Alitalia in just four years. We did it because we fully anticipated that as the pandemic starts to ease there will be of course, a residual anxiety with the travelling community. TD: I guess the answer I'm about to give, there's going to be many people listening to this thinking, "He would say this wouldn't he," type of thing. Even pre-pandemic for Etihad every three or four weeks wed do a big deep dive in terms of adjustments to our network. At the end of 2019 I remember almost thinking naively what could possibly go wrong?. Please get your facts right! According to reports he has agreed to join RIA which will operate as a second national carrier in Saudi Arabia, backed by the Public Investment Fund (PIF). Informa Markets, a trading division of Informa PLC. How do you ensure that you do get this flow through health scheme that you yourself can enforce on the aircraft, but it's a lot more difficult once they get into the airport and start mingling with other people? As Simple Flying reported in September, Tony Douglas left Etihad to lead Saudi Arabian startup RIA, which holds ambitious plans to rival the big three in the Middle East - Emirates, Etihad Airways, and Qatar Airways.
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