That means you've got to have a whole lot of synchrony with your hub airport, but what are the dynamics of that? We're using it as a call out to SMEs, to universities, to anybody out there who's got a genius idea, to be able to bring it into an environment where it can be put to test. Etihad's Tony Douglas agrees to join new Saudi airline RIA To put it into context, we've already had over 3,000 members of the Etihad family on their third booster. In 2014, Etihad bought 49 percent of. 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%. I think, equally, this will force many operators to have to rethink their business model. AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC. 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. on behalf of all of the Etihad family."Group CEO Tony Douglas shares a. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. All Rights Reserved. Douglas, who took over as CEO in 2018, has canceled or threatened to back out of much of two massive orders placed with Boeing and Airbus in 2013 for 143 jetliners that had a then-record total. That probably leads us into why we thought Etihad Wellness was so important when we originally introduced it in the middle of last year. Where do you start? Its almost a daily dynamic activity right now. personalising content and ads, providing social media features and to Now the livelihoods of 125 million people working in coffee are at risk as the crop struggles to cope with global warming, Hollywood Writers Set to Strike As Talks With Studios Collapse, Worlds Top Steelmaker Signs Deal for Saudi Arabian Steel Plant, Hong Kong Economy Grew 2.7% in First Quarter, Topping Estimates, North Asias Factories Stuck in Decline as Global Growth Stalls, Diversifying Economy Poses Biggest Challenge, Saudi Minister Says, Bird Flu Detectives Hunt for Clues to Stop Next Global Pandemic, NXP Rallies After Maker of Automotive Chips Gives Rosy Forecast, Samsung Bans Staffs AI Use After Spotting ChatGPT Data Leak, Airbuss Newest A321 Jet Running Late as Delays Become New Norm, IBM to Pause Hiring for Jobs That AI Could Do, SouthKorea, Japan Finance Ministers Meet for First Time in Seven Years, Australia to Crack Down on E-Cigs and Ban Single-Use Vapes, First Republic Sale Fills Bankers With Relief and Worry, Morgan Stanley Plans 3,000 More Job Cuts as Dealmaking Slumps, FIFA Threatens to Pull Broadcast of Womens World Cup in Europe, Snoop Dogg, Ryan Reynolds Spark Speculation of Bid toBuy OttawaHockey Team, The Year Is Already Toast for Singapore Banks, JPMorgan Jumped On First Republic's Exploding Manhole Cover, More Companies Head to Space, But No One Can Agree on the Rules Up There, Why Chinese Banks Arent Worried About Depositors Fleeing, The Boring Old Box Truck Gets the Tesla Treatment, E. Jean Carroll Testifies TrumpCritic Conway Encouraged Her Lawsuit, Trump Is Denied Mistrial Over Unfair Rulings in E. Jean Carroll Case, Billionaire Adani Focuses on Energy as Green Unit Profit Surges, State Street CEO: Divestment Will Slow Clean Energy Transition, Germany Sets the New Standard for Cheap, National Mass Transit, Chinas Now Spurning Ugliest Buildings That Symbolized Its Meteoric Rise, Broke Chinese Gen Zs Turn Factory Town into Top Tourist Spot, Coinbase Sued for Privacy Violations Over Customer Biometrics, Coinbase Insiders Sued for Dumping Stock, Saving $1 Billion, Richard Li-Backed Venture Firm Flags Hong Kong Crypto Potential as US Clamps Down. Neves was announced as group CEO while Douglas will serve during his transition period as an advisor to the board of ADQ Aviation and Aerospace Services Company. In 2017, the German low-cost airline went bust. Etihad Aviation Group named Antonoaldo Nevesits as its new CEO today after confirming the departure of Tony Douglas, who is understood to be taking the helm at a new airline in Saudi Arabia. Tony Douglas (businessman) is a British businessman. . Antony 'Tony' Douglas, 59, has been the CEO of Etihad Airways since 2018. Etihad again, for example, 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 with logistics and the economics of it, in order to be able to accelerate the distribution thereof. Currently yield management considerations are probably more important now in pricing and obviously position, than they've ever been before. PH: I'm right with you on that. Skip to content Skip to Search. Under his leadership, the carrier has pushed hard to get sustainability at the core of everything it does to reduce its footprint, be it reducing plastic waste and carbon emissions. There's no history that's relevant to today is there? and other data for a number of reasons, such as keeping FT Sites reliable and secure, The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. Douglas, the press release said, has decided to pursue an opportunity elsewhere, and will serve during his transition period as an advisor to the Board of ADQ Aviation and Aerospace Services Company., I am proud to have served as Etihads chief executive officer over the past five years, Douglas is quoted. Etihad Airways' CEO says its Airbus A380s and the $20,000 luxury apartments onboard might fly again but only temporarily. Etihad Airways CEO Tony Douglas met SBI chairman Rajnish Kumar in Mumbai on 18 March to discuss Jet Airways bailout plan.He asked SBI to buy Etihad's 24% stake at 150 per share, or about . For a full comparison of Standard and Premium Digital, click here. Top editors give you the stories you want delivered right to your inbox each weekday. I think, we need to be realistic in managing costs with an obsession to detail, and just walking through the steps of this in a very, very structured way, but I think equally there's a cause for some optimism now, as vaccination in particular gathers momentum.. We were the first airline in the world to have a 100% vaccinated cabin crew and flight crew. 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? In the first half of this year, 2021, we had a million passengers, so for us, given the fleet that we deployed, that was as of an average, give or take a bit about 25% load factor. Former boss of Portuguese airline TAP named Etihad Aviation Group CEO Covid-19; Power Letters 2021: Tony Douglas, CEO, Etihad Aviation Group. Today we find it's a heavy degree of art and a little bit of science. He previously served as chief executive of Abu Dhabi Airports Company (20132015), and as chief executive of Defence Equipment and Support department in the United Kingdoms Ministry of Defence (20152017). Enter Tony Douglas, who succeeded Hogan in January 2018. 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. July for us was our best month in about the last year and a half, so that average load factor, the 25% I mentioned before, was up to just over 40% in July. Exclusive news, data and analytics for financial market professionals, Reporting by Yousef Saba; Editing by Jan Harvey and Muralikumar Anantharaman, American Airlines pilots authorize a strike mandate, Qantas picks first female CEO to lead the airline, U.S. FAA opens new direct plane routes ahead of summer travel, Russian strikes kill two in Ukraine, damage dozens of buildings, Exxon Mobil not quitting exploration in Brazil, Lordstown shares dive 23% as investor Foxconn alleges agreement breach, Fifth Third Bancorp bid for First Republic before sale to JPMorgan -sources, Brazil's Petrobras to keep stake in Colombia's deepwater block Tayrona, Brazilian oil-export tax a 'concerning' development,' says Shell chief. Read more: Exclusive: Etihad's Tony Douglas discusses recovery, record profits, and change Or I'll confess, I'll probably die of a heart attack before we get to JFK, simply because of the anxiety that will probably place me under, the stress that will come from it. Because without this, I think there's no one part of the manufacturers, the commercial airlines themselves, and many other parts of the industry that support this, can find a single solution. Tony Douglas the man who turned around Etihad. I'll perhaps come back to that if I may, in a moment. The transformation was much needed to make Etihad profitable. it has hired former Etihad CEO Tony Douglas to . Douglas served as group CEO at Etihad Aviation Group from January 2018 and led the airlines turnaround by optimising costs, streamlining processes and its travel network. Economic Development Research Organization. Riyadh Air News: CEO Is Tony Douglas, ex-Etihad Boss - Bloomberg He has been the CEO of Etihad Airways since January 2018. Talking at the CAPA Live on 8-Sep-2021, Etihad Group CEO Tony Douglas spoke with CAPA's chairman emeritus Peter Harbison. NASA, the North American Space Agency, people would probably be thinking, why would they be working with NASA? The smallest of Abu Dhabi's three main sovereign wealth funds, ADQ has emerged as one of the region's most active dealmakers. We think as part of a roadmap, directionally, it gives us a huge amount of confidence that there's more energy focused now into alternative fuel types, than frankly I can remember in my 30 years within aviation one way or the other. See here for a complete list of exchanges and delays. Problems with its investments in troubled European airlines and provisions on aircraft plunged the airline into a $1.9 billion loss last year, its first since 2010. Etihad names new CEO | LinkedIn Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. Enter Tony Douglas, who succeeded Hogan in January 2018. Weve got about 10 seconds left though, in one word, given that background, are you anticipating there will be taxes fairly widespread? Some of the demonstration flights we've been able to take at least 40 minutes out of the flight time and reduce the CO2 content by around six tonnes. Mohammad Al Bulooki Chief Operating Officer Learn more Raffael Quintas Chief Financial Officer Whilst I stress that the Etihad brand will continue to be one that differentiates around the quality of its service and in particular the way in which its Wellness proposition will give you that sense of assuredness. You referred to British Airways a little bit earlier, you may be aware we established Air Arabia Abu Dhabi as our low cost carrier here. My crystal ball can't predict when that's going to happen, but the sustainability agenda, for commercial aviation, is here forever and in many ways is a far bigger intellectual challenge for all of us. According to Etihad Airways CEO Tony Douglas, the Airbus A380 may return to the sky if the global pandemic travel recovers rapidly and exceeds pre-pandemic levels. tony douglas salary etihad How we work with traffic controllers and regulators, to be able to get controlled climbs and continuous descent happen. Arabian Business reported that RIA is also trying to lure away two other Etihad executives. 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. "we were the first airline in the world to be fully . And who would qualify better for the job than Douglas? The announcement on October 19 that Tony Douglas will step down as CEO ofEtihad Airways and take on a consultancy role instead, is the strongest indication yet that Douglas will exit the Abu Dhabi carrier for good soon. tony douglas etihad net worthmoving to ontario from another province health card. In particular, is you find it's one part of the world that will do it and many other parts don't. Etihad Airways, Group CEO Tony Douglas: "never waste a good crisis" PIF is reportedly investing $30 billion in the new airline, which is expected to launch modestly with a narrowbody fleet and regional operations. Abu Dhabi has recruited. We were the first airline in the world to have a 100% vaccinated cabin crew and flight crew. We're working with the producers, with the scientists that sit behind alternative aviation fuels both on SAF's as we see it today with the efuel, the hydrogen component solutions and we're using both the Greenliner and working again with Boeing on other projects to see how we can continue to experiment with those kind of options. Born on in Unknown, Tony Douglas (businessman) started his career as businessman . 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. university Analysts said it signaled the difficulties of reforming Britain's 16 billion pounds ($21.5 billion) a year defense equipment plan. Etihad parked its entire fleet for three months in the springof 2020 and resumed flying in June with a skeleton network, heavily relying on cargo. PH: That's very succinctly put, I like that, a nice conclusion to it. Etihad walked out, having lost hundreds of millions on Alitalia in just four years. Big picture first, what's the feel as you see it looking out of your window? They were optimised, of course, for shorter haul, propeller-powered flight. In early March 2020, FlightGlobal was finalising plans to interview Tony Douglas in Abu Dhabi later that month. 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. Here we are updating just estimated networth of Tony Douglas (businessman) salary, income and assets. The technical storage or access that is used exclusively for statistical purposes. he is one of famous businessman with the age years old group. My mistake! It produced a $-1.7 billion loss, almost the same as in 2016. Twitter: @rschuur_aero. I think this plays well to the way in which international tourism will be able to come back with confidence. I am confident that Etihad will prosper into new heights and continue its journey of sustainable growth.. Instagram, Facebook, Twitter and much more. [1/2]A visitor walks past the Etihad Aviation Group logo on display during the fifth day of Dubai Air Show in Dubai, United Arab Emirates November 21, 2019. As part of Etihad Wellness, the airline introduced the Covid-19 global wellness insurance for all its guests PH: I think that's obviously a really good message, and a really good strategy, which you have to be taking. In January 2021, Douglas was amongst the first in his company to be vaccinated from COVID-19 as part of the firms Protected Together employee immunization initiative. I really enjoyed this and there's some very interesting facts in there. as well as other partner offers and accept our, NOW WATCH: 7 code phrases airline pilots use all the time and what they mean, Etihad is also embroiled in a long-running dispute with American, Delta, and United airlines. The future of aviation is sustainable | Paid for and posted by Etihad Beginning his career as a civil engineer, Antonoaldo holds a Master of Business Administration degree from the University of Virginia's Darden School of Business and a Master's Degree in Corporate Finance from the IAG Business School at PUC-Rio. Thomas Pallini. Sign up for notifications from Insider! 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. Of course in 2020, a whole long list of things, even though we had our best first quarter ever, but then culminating with the pandemic, and since that of course, there has been a complete collapse internationally within air travel and obviously the passenger numbers that correspond to that. The Etihad Airways group chief executive was a little over two years into a major . He inherited an airline with a core loss of $-1.6 billion. The Arab worlds largest economy will see the completion of 315,000 hotel keys by 2030, the consultancy said. Douglas slashed $21.4 billion in aircraft orders, including those for forty Airbus A350-900s. Tony Douglas - the man who turned around Etihad AirInsight "If the rainmaker who was brought in as an outside businessman is leaving, that is not good news for the MOD," said UK defense analyst Francis Tusa. For example, today you can go on to Etihad.com and if you want to book a charter, or request a 24 hour response, as a formal quotation for 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. Because again, let's face it, if you, were bringing your family and loved ones on a week's vacation here in the beautiful Gulf, particularly at this time of year the weather starts getting fantastic, you would do so knowing that there is no risk, material risk to you, or the group that you're with. Today we find it's a heavy degree of art and a little bit of science. 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. Your email address will not be published. There's a call out for regulators and governments, because there is a lot of dialogue around using as stick, ie, more punitive measures around taxation and penalties. 2023 AGBI, part of Link Media Corporation Ltd. There's a component here around sustainability as well, and that is I believe the one thing I can confidently predict, hold your breath because here it comes, there will be an end to COVID.
