Born on in Unknown, Tony Douglas (businessman) started his career as businessman . It began a five-year turnaround plan in 2017 after a strategy of buying stakes in other airlines collapsed, contributing to billions of dollars in losses. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. "Tony has led Etihad through some of its most challenging times and has successfully turned the airline into a profitable and sustainable business over the past five years," Etihad Chairman Mohammed Ali Al Shorafa said in the statement. Saudi Arabia's Public Investment Fund (PIF . By February, the companys carrier Etihad Airways completed the vaccination of 100% of its on-board crew. In line with the countrys, Airbus makes autonomous take-offs a reality, Mitsubishi's SpaceJet more and more on the backburner. Keep abreast of significant corporate, financial and political developments around the world. Last week we saw British Airways basically establishing a new low-cost carrier out of Gatwick, because they say the market has changed, we're not wasting a good crisis. Etihad has already said it would no longer financially support Air Berlin and Italy's Alitalia, two of its prized investments. March 13, 2023 . Sustainability is indeed the other legacy that Tony Douglas leaves behind at Etihad. Douglas, the press release said. offers FT membership to read for free. We operated, because Greece went green during the summer, into places like Santorini, places like Mykonos, places like Malaga of course, in Spain. He has been the CEO of Etihad Airways since January 2018. previously, he served as chief executive of Abu Dhabi Airports Company (2013-2015), and as chief executive of Defence Equipment and Support department in the United Kingdom's Ministry of Defence (2015-2017). I'll perhaps come back to that if I may, in a moment. It's not all about big initiatives, it's how one collects all of the small ones to help contribute as well. 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. Even here in Australia where Alan Joyce has said, very specifically, all the crew, all the staff need to be vaccinated, it seems strange to me that that would be controversial, because going back to your example of you sitting with me or behind me, or in front of me, I would feel much more comfortable if I know everybody else has been vaccinated, particularly the cabin crew. Tony Douglas on reshaping Etihad Airways for sustainable future Former boss of Portuguese airline TAP named Etihad Aviation Group CEO after ADQ transfer Antonoaldo Neves succeeds Tony Douglas, who has decided to pursue an opportunity elsewhere Etihad reported a record first-half profit as demand for long-haul travel recovered with the easing of Covid-19 restrictions. We're working with everybody who can coordinate and contribute to this particular challenge. These weren't the kind of things that Etihad would have ever have done in the past, but what we've been doing is in a very agile way, is adapting to the way in which travel restrictions have been so dynamic. Under Hogan, the carrier had expanded quickly in size and costly partnerships. Access your favorite topics in a personalized feed while you're on the go. He will replace long-time CEO, James Hogan. Etihad CEO Says Its A380s May Return To The Skies - Travel Daily Read more: Exclusive: Etihad's Tony Douglas discusses recovery, record profits, and change or To put it into contrast, 2019, we handled over 70-million passengers with Etihad. Weve got about 10 seconds left though, in one word, given that background, are you anticipating there will be taxes fairly widespread? All Rights Reserved. Tony Douglas Biography, Age, Height, Wife, Net Worth, Family Douglas replaces veteran Australian CEO James Hogan, who developed Etihad into an aggressive rival to Dubai's Emirates and Qatar Airways over a 10-year period. Dec 13, 2021, 4:47 AM PST. 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. Economics Letter; Current Research It began in 2018 as a holding company for government assets and has been consolidating its portfolio, privatising some assets and making strategic acquisitions to build "national champions". Its almost a daily dynamic activity right now. Tony Douglas, Etihad's Group Chief Executive Officer, takes COVID-19 You seem to have JavaScript disabled in your browser. Tony Douglas, Etihad's chief executive told The National earlier this year. We asked him about what makes the. At the moment its probably not so hard, because there are not that large numbers, but if we are going to grow again, how confident are you that your hub airport can keep the pace with you? We support credit card, debit card and PayPal payments. In particular, is you find it's one part of the world that will do it and many other parts don't. He serves as the CEO of Riyadh Air, a Saudi Public Investment Fund subsidiary. I think, as you rightly say today we find it's a heavy degree of art and a little bit of science. 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. 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. Tony Douglas (businessman), better known by her family name Tony Douglas (businessman), is a popular British businessman. In 2019 we handled over 70 million passengers. Particularly if we go back to where this one started, if you look at SAF, two and a half times and more, the cost of A1 jet fuel. 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. Tony Douglas Former Etihad CEO Has Reportedly Already Left Saudi Tony Douglas (businessman) is a British businessman. I can honestly tell you it's almost a daily dynamic activity now, and the reason of course for that is because travel restrictions change on a very regular basis in countries all around the world. Etihad Airways Appoints Antonoaldo Neves New CEO, Replacing Tony Tony Douglas-0929. Etihad Airways net worth Apr, 2023 - People Ai His primary source of income is from his working career as a Business executive. Of course, that's a function of lots of people being prepared to take the benefit of extra space in order to give them the sense of wellness and perhaps don't feel as comfortable maybe in some of the lower cost operating environments in the past, where everybody's got a very tight seat pitch, crammed in together and so on and so forth. 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. The agility is something that you will see us maintain going forward. Power Letters 2021: Tony Douglas, CEO, Etihad Aviation Group Ray Gammell, who has served as interim group CEO since May will return to his position as Group Chief People & Performance Officer, Etihad said. 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. As we are entering our next phase of sustainable growth, we are confident that Antonoaldo will build on Tonys legacy. Etihad parked its entire fleet for three months in the spring, This trend has continued in 2022, with Douglas happily reporting that Etihad recorded, Sustainability is indeed the other legacy that Tony Douglas leaves behind at Etihad. Top editors give you the stories you want delivered right to your inbox each weekday. "we were the first airline in the world to be fully . Tony Douglas net worth is estimated at around $12 million. Breaking news: Tony Douglas steps down as CEO of Saudi RIA after just 2 Darryl Hinton Unfortunately we do have to conclude too, but Tony, thanks very much for being with us today. I honestly believe Abu Dhabi has been one of the best led places in the world in dealing with this pandemic. Tony Douglas (businessman) Wiki, Biography, Age, Career, Relationship Decision Analytics Subscribe Video Library Media, WebinarsPrivacy Policy Terms and Conditions Data Access Request. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. Covid-19; Power Letters 2021: Tony Douglas, CEO, Etihad Aviation Group. The growth in Saudis hotel room inventory will swell to become larger than []. Stay up to date with what you want to know. 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Currently yield management considerations are probably more important now in pricing and obviously position, than they've ever been before. Airbus A380 in Etihad livery. Back to the core brand of Etihad, that's something else that we think we are, humbly a thought leader in, and something that going forward will continue to differentiate the way in which we present ourselves.. Our Standards: The Thomson Reuters Trust Principles. 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. The transformation was much needed to make Etihad profitable. 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. Instagram, Facebook, Twitter and much more. DUBAI, Oct 19 (Reuters) - Abu Dhabi state carrier Etihad's parent company has appointed Antonoaldo Neves as its new chief executive officer, replacing Tony Douglas, after the emirate's. Also learn about how he is rich at the age of 49 years old? Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The . and other data for a number of reasons, such as keeping FT Sites reliable and secure, Khaleej Times met with the Etihad CEO, Tony Douglas on board the maiden A350-1000 flight form Abu Dhabi to London Heathrow. Ted's Bio; Fact Sheet; Hoja Informativa Del Ted Fund; Ted Fund Board 2021-22; 2021 Ted Fund Donors; Ted Fund Donors Over the Years. Where Is Etihad Sending Its Airbus A350-1000s This Month? And then came the Covid years. 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. Etihad Airways net worth 103 Million Millions of dollars 99% Net worth score Disclamer: Etihad Airways net worth displayed here are calculated based on a combination social factors. Executive Director; Our Team; Research. tony douglas etihad net worthmoving to ontario from another province health card. [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. It produced a $-1.7 billion loss, almost the same as in 2016. In December 2020, the Abu Dhabi state fund that had owned the airline group since day 1, sold Etihad Engineering, Etihad Airport Services Cargo, Etihad Airport Services Ground, Etihad Aviation Training, Etihad Secure Logistics, and Etihad Technical Training to ADQ, an Abu Dhabi based investment fund and holding company. They were optimised, of course, for shorter haul, propeller-powered flight. 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). He inherited an airline with a core loss of $-1.6 billion. We will co-operate with them, we will support them, because we feel that relationships matter and there is a lot of business to go around [], Lebanon is not relying on International Monetary Fund cash to stay afloat, a government minister has told AGBI, as the tourism sector alone contributed $9 billion in revenue last year. Abu Dhabi's Etihad Aviation Group has appointed Antonoaldo Neves as its new CEO, it said on Wednesday. I think this plays well to the way in which international tourism will be able to come back with confidence. Net zero must be 'at the very top of the agenda,' says Tony Douglas; Etihad is first airline to join Cambridge's Aviation Impact Accelerator; For the carrier's once-daily service to Dublin, you're much more likely to see the Boeing 787-10. There will be an end to COVID. 2019 Ted Fund Donors Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. I think there's probably an important balance here to look at the carrot side of it. Etihad was the first airline and is still the only airline that has 100% PCR or positive testing in place at the point of origin and arrival here in Abu Dhabi. We have dedicated Wellness ambassadors on board and we of course, like many other airlines sanitise to almost surgical operating standards. Etihad will continue to serve Abu Dhabi as the national airline of the UAE, delivering world class services and exceeding global benchmarks in the near future.. Etihad Airways' CEO says that airlines that fail to follow its Tony Douglas the man who turned around Etihad. That probably leads us into why we thought Etihad Wellness was so important when we originally introduced it in the middle of last year. tony douglas salary etihad Neves was CEO and a board member of TAP, Portugal's national carrier, from July 2017 to September 2020, according to his LinkedIn. The Etihad Airways group chief executive was a little over two years into a major . Douglas previously served as chief executive of Abu Dhabi Airports Company from 2013 to 2015. I think the agility that I've just described is something that you will see us maintain going forward. Enter Tony Douglas, who succeeded Hogan in January 2018. 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. All quotes delayed a minimum of 15 minutes. Of course, when you're talking about having all your cabin crew vaccinated and that other staff, this is something that's still controversial in many parts of the world, notably the US. One-on-one at 38,000 feet with Etihad CEO Tony Douglas Centred on the theme Working Towards Net Zero, this years Arabian Travel Market (ATM) on May 1 to May 4 is expected to draw in 34,000 attendees [], The total development cost for all the hotel rooms planned in Saudi Arabia is estimated at $37.8 billion, according to property consultancy Knight Frank. I think we're probably a generation of thinking at the moment, away from landing that, but the challenge I think for leadership in this space, is to really try and narrate what the direction of travel needs to be.. I go back to the earlier point, it's not all about big initiatives, it's how one collects, we think, all of the small ones to help contribute as well. Abu Dhabi, UAE - Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group, received his first dose of the Sinopharm COVID-19 vaccine today at Etihad Airways Medical Centre.
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