Douglas, 58, was one of the first global business leaders to be vaccinated when he received his (the Chinese Sinopharm jab) in early January at Etihad's in-house medical centre, a benefit of. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. Enter Tony Douglas, who succeeded Hogan in January 2018. 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. Douglas was also chief executive of the Defense Equipment and Support department in the United Kingdom's Ministry of Defense from 2015 to 2017. TD: Yeah, I think, revenue management used to be a heavy degree of science and a sprinkle of art. I think the trick to this is to make sure that one has a blend of propositions that give choice to the marketplace. For cost savings, you can change your plan at any time online in the Settings & Account section. 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. We would know that that person has been tested and or double vaccinated. Home; About Us. You may change or cancel your subscription or trial at any time online. Please only use it for a guidance and Etihad Airways's actual income may vary a lot from the dollar amount shown above. Unfortunately we do have to conclude too, but Tony, thanks very much for being with us today. Etihad walked out, having lost hundreds of millions on Alitalia in just four years. personalising content and ads, providing social media features and to AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC. analyse how our Sites are used. He previously served as the CEO of Etihad Airways from January 2018 to October 2022. We would know that there couldn't possibly be a function of any transmission from the cabin crew or the flight crew, and I think therefore, back to the whole need for a safer, more assured form of travel going forward is really important and something that Etihad has a huge amount of effort into being able to present.. Tony Douglas net worth is estimated at around $12 million. The IMF reached a staff-level agreement with Lebanon in April 2022 for a $3 billion loan programme to tackle its financial crisis. Tony Douglass income mostly comes from and basic source is being a successful British businessman. See here for a complete list of exchanges and delays. It's been holistic and all encompassing and public health, wellbeing has been priority number one by some distance. It's one of the areas that must be very difficult. Douglas will join the company in January 2018. We were the first airline in the world to have a 100% vaccinated cabin crew and flight crew. For the carrier's once-daily service to Dublin, you're much more likely to see the Boeing 787-10. In terms of corporate travel, I think everybody's well aware that that is heavily suppressed and is likely to be so for some time, but here's the interesting point, I think. In 2019 we handled over 70 million passengers. . By February, the companys carrier Etihad Airways completed the vaccination of 100% of its on-board crew. Tony Douglas wiki profile will be updated soon as we collect Tony Douglas (businessman)s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Industry sources say Douglas - who has been in charge of Etihad since January 2018 - is RIA's "top choice". The Etihad Greenliner programme is a dedicated 787 we operate with a wide number of partners, essentially as a flying test-bed to maximise the performance in-flight and therefore the reduction of emissions. In his first year 2018, at the helm, Douglas succeeded in cutting the loss to $-1.28 billion. Tony Douglas steps down as CEO of Saudi RIA after just 2 months Etihad's former CEO and the CEO of Saudi Arabia's new $30 billion national Airline RIA, Tony Douglas, has reportedly left office after just two months in his new role. 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. If it was from one of the other locations within the region, five minutes after the aircraft takes off, if the person behind where you and I are sitting coughs and splutters, I think the chances of us contracting COVID are extremely remote. Stay up to date with what you want to know. TD: Yeah, look, we were, as I said before, the first airline in the world to be fully vaccinated. Airbus A380 in Etihad livery. Billions of dirhams or dollars were flowing into alliances with Air Berlin, in which it bought a 29.2 percent stake in 2011. 2019 Ted Fund Donors Billions of dirhams or dollars were flowing into alliances with Air Berlin, in which it bought a 29.2 percent stake in 2011. Our Standards: The Thomson Reuters Trust Principles. Access your favorite topics in a personalized feed while you're on the go. The 56 or so destinations we fly into, one might have been on a red list yesterday and is on the green list today, and somewhere else might have been green yesterday and is now red. The major improvement in 2019 demonstrates were clearly on the right track, he said in the earnings release. Abu Dhabi has recruited. 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. TD: Well, we've taken a holistic strategy to what we think is the biggest challenge in aviation and therefore probably the most complex subject to resolve, of which SAF may or may not prove over time to be one of the components. That was a function of a number of things. Businessman Some of the key highlights can be found below.Among other issues, Mr Douglas talked of the importance o: - "Etihad Wellness" in attracting business class sales. 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. PH: It's interesting that correlation between health and actually buying up into business class, just to get some space. tony douglas etihad net worth June 16, 2022 . 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. Those are the sorts of things Etihad would never have thought about pre-pandemic. 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[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. 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. tony douglas etihad net worthmoving to ontario from another province health card. "we were the first airline in the world to be fully vaccinated. Etihad Airways, the national airline of the UAE, expects to make profit at the end of its turnaround plan in 2023, its chief commercial officer said. All rights reserved. Those are the sorts of things Etihad would never have thought about pre-pandemic. I think quite frankly, the doubters around the world only really need to look at the numbers, they appear to be self-explanatory in terms of correlation between vaccine curves and fatality curves being asymmetric. I honestly believe Abu Dhabi has been one of the best led places in the world in dealing with this pandemic. 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. It's not all about big initiatives, it's how one collects all of the small ones to help contribute as well. 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. By clicking Sign up, you agree to receive marketing emails from Insider Abu Dhabi has recruited Britain's top defense buyer to run troubled Etihad Airways which is rethinking an aggressive expansion strategy that led it to huge losses last year. We operated, because Greece went green during the summer, into places like Santorini, places like Mykonos, places like Malaga of course, in Spain. Tony Douglas-0929. My mistake! "We are going to go absolutely out of our way to make sure that we can reassure you. Neves was previously CEO and board member of TAP, the national airline of Portugal, where he led a major turnaround. 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. PH: Let's move right into that, because that's the other existential threat, as if we hadn't had crisis enough, but it seems almost paradoxically coming out of COVID, as we hopefully are, that the environmental issues, partly because of the IPCC, but more generally the environmental issues are becoming much more pressing on the airlines. Copyright 2023. He is also writing for Airliner World and Aviation News. 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. "Abu Dhabi first recruited Douglas in 2010 to head its state ports company and he later moved to Abu Dhabi Airports in 2013 to oversee a multi-billion new terminal project by 2017. Richard has been contributing to AirInsight since December 2018. 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. March 13, 2023 . 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. PIF is reportedly investing $30 billion in the new airline, which is expected to launch modestly with a narrowbody fleet and regional operations. 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. Sign up for our Middle East newsletter and follow us @middleeast fornews on the region. Peter Harbison: Welcome to CAPA Live, Tony Douglas Group CEO of Etihad Airways, great to have you with us, Tony. 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. The CEO of Qatar Airways has said he is very excited by the growth of Saudi Arabias aviation industry, despite the prospect of tougher competition as regional airline capacity increases. Here we are updating just estimated networth of Tony Douglas (businessman) salary, income and assets. Saudi Arabia's new global airline RIA has approached Etihad's Tony Douglas to be its new CEO, Arabian Business understands. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. Aviation is responsible for around 2.5 percent of global carbon dioxide emissions. Tony Douglas was named the new CEO of Etihad Aviation Group on Thursday. 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. You seem to have JavaScript disabled in your browser. The error has been corrected, Your email address will not be published. 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. I should have known better as a frequent visitor of the UAE. PH: Tony, you're predominantly a hub carrier, I presume that's still the case. Network planning is extremely difficult for you obviously with something like this with doors opening and closing, but the other thing that has gone out of the window, is revenue management. In his first year 2018, at the helm, Douglas succeeded in cutting the loss to $-1.28 billion. 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. Executive Director; Our Team; Research. 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. on behalf of all of the Etihad family."Group CEO Tony Douglas shares a. Tony Douglas: I think everybody is only too well aware of what an incredible impact the pandemic has had on civil aviation. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Prior to TAP he was president of Azul Airlines in Brazil, where he led the company to IPO in New York. There's no history that's relevant to today is there? Sustainability is indeed the other legacy that Tony Douglas leaves behind at Etihad. They were optimised, of course, for shorter haul, propeller-powered flight. Today we find it's a heavy degree of art and a little bit of science. 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. 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. Now, under that umbrella, and really the Greenliner is more of a persona, because we're using it as a call out to SMEs, to universities, quite frankly, 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. For New York JFK, Etihad's two daily services are primarily dominated by the Boeing 787-9. I think, as you rightly say today we find it's a heavy degree of art and a little bit of science. Back to Greenliner, and we've also been involved with Boeing on ecoDemonstrator flights. 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. Please get your facts right! It isn't going to work unless that cost of production curve can be accelerated down and perhaps some form of incentivisation to make it the preferred choice. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 per month. The -born businessman expert is arguably the worlds most influential Tony Douglas (businessman) is expert, with a wide-ranging social media outreach. And who would qualify better for the job than Douglas? He inherited an airline with a core loss of $-1.6 billion. Compare Standard and Premium Digital here. also know about his Social media accounts i.e. Douglas, the press release said. "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. Etihad appears to be in the market for a new airline CEO, as reports suggest current boss Tony Douglas is leaving the airline. The Arab worlds largest economy will see the completion of 315,000 hotel keys by 2030, the consultancy said. He will replace long-time CEO, James Hogan. Stay informed and spot emerging risks and opportunities with independent global reporting, expert Antony 'Tony' Douglas, 59, has been the CEO of Etihad Airways since 2018. Bloomberg Markets Asia. Net zero must be 'at the very top of the agenda' for industry as well as government, Etihad CEO Tony Douglas has told AGBI. I'll perhaps come back to that if I may, in a moment. What we've put together is a series of programmes. Your email address will not be published. How we work with traffic controllers and regulators, to be able to get controlled climbs and continuous descent happen. Now, in terms of the HOPE side of it, I think, back to network planning, something everybody in aviation realises is at the absolute heart of how we think through our operation. 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 . 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. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. 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. Etihad is also embroiled in a long-running dispute with American, Delta, and United airlines over its expansion into the US market. Some of the demonstration flights we've done from here, from Abu Dhabi into Amsterdam and from here, from Abu Dhabi into Brooklyn, we've been able to take at least 40 minutes out of the flight time and reduce the CO2 content by around six tonnes, which when you think about it is incredible, when we're just looking at optimising the way in which we fly. Douglas - who has been in charge of the UAE national carrier since 2018 - could take the helm later this year. This is an extremely well-coordinated environment, not just in terms of Etihad Wellness, but the way in which that corresponds with the arrival and departure process within the airport, the way in which it coordinates with the leisure industry, with the hotels, the way in which it coordinates with lifestyle, be that entertainment, be that the way in which we go and shop in the supermarkets, etc. Since replacing James Hogan in 2018 as CEO, Douglas has been instrumental to steer the airline through the Covid crisis and its own transformation program, which was launched just before he joined. 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. TD: I'd like to hope there's not, because quite often taxation drives the wrong sort of behaviour. 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. We thank Tony for all the hard work he has delivered. 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. Interview with Etihad Group CEO Tony Douglas. He has also held senior positions with airport operator BAA, and as Chief Operating Officer and Group Chief Executive designate of Laing ORourke. PH: That's very succinctly put, I like that, a nice conclusion to it. We thank Tony for all the hard work he has delivered.. Revenue management used to be a heavy degree of science and a sprinkle of art. Keep abreast of significant corporate, financial and political developments around the world. cookies Khaleej Times met with the Etihad CEO, Tony Douglas on board the maiden A350-1000 flight form Abu Dhabi to London Heathrow. "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. Even pre-pandemic for us at Etihad, it tended to be, every three or four weeks we'd do a big deep dive in terms of any adjustments to our network. "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.". He also previously 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 . 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.. In 2014, Etihad bought 49 percent of. Neves said in the statement he was excited for his role at Etihad, "a global well-known brand in the industry," and said he was confident it would continue "its journey of sustainable growth.". During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. university document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. I honestly believe Abu Dhabi has been one of the best led places in the world in dealing with this pandemic. In terms of sustainability, Douglas. . The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Chairman Mohamed Mubarak Fadhel al-Mazrouei said Douglas was "keenly familiar with Etihads challenges and opportunities in a rapidly changing industry. I think, equally, this will force many operators to have to rethink their business model. The example, the fun one that I talked about earlier would be if you and I were travelling today from Abu Dhabi, let's say to New York, from both here at Abu Dhabi, and let's imagine it was one of the other locations within the region. 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. The transformation was much needed to make Etihad profitable. See here for a complete list of exchanges and delays. Etihad Airways' CEO says its Airbus A380s and the $20,000 luxury apartments onboard might fly again but only temporarily. An Etihad Airbus A380 . All Rights Reserved. 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. Tony Douglas is a phenomenal celebrity influencer. I think as we come out of the pandemic, of course the big routes will continue to be dominant, in our opinion, I think the hub status of Abu Dhabi, the UAE in general, given the fact that we're six flying hours from two-thirds of the world's population, will continue to be a very significant part of our operating model. 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. 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. This trend has continued in 2022, with Douglas happily reporting that Etihad recordeda $296 million profit and was performing well on all fronts. it has hired former Etihad CEO Tony Douglas to . by Richard Schuurman | Oct 20, 2022 | Aerospace | 2 comments. Hogan's departure was announced in January. 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. Learn how your comment data is processed. Where do you start? Mohammad Al Bulooki Chief Operating Officer Learn more Raffael Quintas Chief Financial Officer Expressed quite simply, if it hadn't had been for the significant increase in cargo, there's no way we would have maintained the same network and frequencies that we have been doing. There will be an end to COVID. All Rights Reserved. The imminent departure of Douglas from Etihad comes at a logical moment. PH: Right, and on the demand side, Tony, it's obviously very early days and it's very dependent on markets, but we're going into the business season, as leisure and holidays are over pretty much in the northern hemisphere anyway, are you getting any inklings of what the corporate demand might be like? We asked him about what makes the A350-1000 standout against other planes and how this plane fits in with the Etihad mission of achieving net zero emissions by 2050.WATCH MORE AT https://www.khaleejtimes.com/videosTELEGRAM: https://t.me/KhaleejTimesFACEBOOK: https://www.facebook.com/khaleejtimes/TWITTER: https://twitter.com/khaleejtimesINSTAGRAM: https://www.instagram.com/khaleejtimes/#Dubai #News #khaleejtimes 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? Furthermore, Douglas affirms that sustainability will continue to be a key priority . It produced a $-1.7 billion loss, almost the same as in 2016. Etihad further improved its results and reduces its loss to $-0.87 billion in 2019. Informa Markets, a trading division of Informa PLC. PH: I think that's obviously a really good message, and a really good strategy, which you have to be taking. And then came the Covid years. Both airlines have filed for administration this year, and Etihad sold its stake in a third European carrier, Darwin, in July. Saudi Arabias 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 economy from oil. We're working with everybody who can coordinate and contribute to this particular challenge. We asked him about what makes the. 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).
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