Check if your university 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. 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. Tony Douglas, Etihad's chief executive officer, told Insider at the Dubai Airshow in November that airlines will soon compete on environmental performance, and those that aren't making. Learn how your comment data is processed. It's been holistic and all encompassing and public health, wellbeing has been priority number one by some distance. They were optimised, of course, for shorter haul, propeller-powered flight. What's the demand looking like and touching on corporate travel demand at the end of that? Tony Douglas is a British businessman. 2019 Ted Fund Donors 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. Here we are updating just estimated networth of Tony Douglas (businessman) salary, income and assets. 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. 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. 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. Etihad has already said it would no longer financially support Air Berlin and Italy's Alitalia, two of its prized investments. He 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 Defence (2015-2017). The imminent departure of Douglas from Etihad comes at a logical moment. 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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 government transferred Etihad's ownership to wealth fund ADQ, ADQ said on Wednesday. This trend has continued in 2022, with Douglas happily reporting that Etihad recordeda $296 million profit and was performing well on all fronts. Etihad names new CEO as airline confirms Tony Douglas exit Etihad walked out, having lost hundreds of millions on Alitalia in just four years. Quite frankly, and I think I speak on behalf of the whole of the Etihad family, can't comprehend why anybody would see this as being controversial. The whole thing is coordinated in a very, very easy to operate fashion, using smart apps on people's phones, which corresponds to their vaccination and or PCR status. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Antony 'Tony' Douglas, 59, has been the CEO of Etihad Airways since 2018. Tony Douglas Sector: Aviation Company: Etihad Aviation Group Designation: Group CEO Nationality: British Residence: U.A.E In January 2021, Douglas was amongst the first in his company to be vaccinated from COVID-19 as part of the firm's "Protected Together" employee immunization initiative. The unprecedented challenges stemming from macro-economic conditions faced by the industry were successfully navigated through prudent measures undertaken to position Etihad on a sustainable path for the future., Etihad Chairman Mohammed Ali Al Shorafa thanked Douglas for his efforts: 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 as part of its initial transformation program. Tony Douglas (businessman) - Wikipedia 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. Learn How much net worth Tony Douglas is in this year and how he spend his expenses? 2023 AGBI, part of Link Media Corporation Ltd. Etihad Airways Appoints Antonoaldo Neves New CEO, Replacing Tony Etihad Airways chief Tony Douglas said Tuesday achieving net-zero carbon emissions by 2050 poses the "biggest challenge" for commercial aviation, in a reality check for the industry. 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? Please only use it for a guidance and Etihad Airways's actual income may vary a lot from the dollar amount shown above. 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. "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 . Stay up to date with what you want to know. That said, given the fact that I'd like to think that Etihad's a very agile business and we were already well on the way through our transformation journey, what we've tried to do is capitalise on the old clich of never waste a good crisis. Weve got about 10 seconds left though, in one word, given that background, are you anticipating there will be taxes fairly widespread? Tony Douglas (businessman), better known by her family name Tony Douglas (businessman), is a popular British businessman. I should have known better as a frequent visitor of the UAE. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. The airline recently became the first to join the Aviation Impact Accelerator (AIA), an international group of practitioners and academics convened by the University of Cambridge in the UK. Billions of dirhams or dollars were flowing into alliances with Air Berlin, in which it bought a 29.2 percent stake in 2011. it has hired former Etihad CEO Tony Douglas to . Chairman Mohamed Mubarak Fadhel al-Mazrouei said Douglas was "keenly familiar with Etihads challenges and opportunities in a rapidly changing industry. 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". See here for a complete list of exchanges and delays. He inherited an airline with a core loss of $-1.6 billion. We operated, because Greece went green during the summer, into places like Santorini, places like Mykonos, places like Malaga of course, in Spain. Network Planning was almost like an annual cycle as part of next years budget. PH: I think that's obviously a really good message, and a really good strategy, which you have to be taking. Some of the key highlights can be found below. his net worth has been growing significantly in 2021-2022. Tony Douglas was named the new CEO of Etihad Aviation Group on Thursday. 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. As it transformed, so did Etihads ownership. 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. We would know that that person has been tested and or double vaccinated. The new aircraft is currently serving two routes in the US . I honestly believe Abu Dhabi has been one of the best led places in the world in dealing with this pandemic. Douglas was also chief executive of the Defense Equipment and Support department in the United Kingdom's Ministry of Defense from 2015 to 2017. Etihad CEO Tony Douglas has agreed to join new Saudi airline RIA, Arabian Business understands from industry sources. The Other Big Middle East Airline! The Saudia Fleet In 2023 - MSN Both airlines have filed for administration this year, and Etihad sold its stake in a third European carrier, Darwin, in July. 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. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. 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. 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. 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. 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. Skip to content Skip to Search. 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. Tony Douglas on reshaping Etihad Airways for sustainable future Etihad Airways net worth Apr, 2023 - People Ai Analysts said it signaled the difficulties of reforming Britain's 16 billion pounds ($21.5 billion) a year defense equipment plan. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. The industry leader for online information for tax, accounting and finance professionals. 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. Back to Greenliner, and we've also been involved with Boeing on ecoDemonstrator flights. Today we find it's a heavy degree of art and a little bit of science. The definition of business class, as we're all very familiar with it in the aviation business, is whilst there's not as many business people travelling with Etihad at the moment, or anybody else for that matter, what we've seen is a significant trade off of the percentage of tickets sold into business class. At the end of 2019 I remember almost thinking naively what could possibly go wrong?. Please get your facts right! He serves as the CEO of Riyadh Air, a Saudi Public Investment Fund subsidiary. The [], Ahead of Dubai hosting one of the worlds largest travel conferences, key stakeholders in the emirates travel and hospitality industry have been keen to stress its sustainability credentials. It's been holistic and all encompassing and public health, wellbeing has been priority number one by some distance. 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. 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. Arabian Business reported that RIA is also trying to lure away two other Etihad executives. We were the first airline in the world to have a 100% vaccinated cabin crew and flight crew. Tony Douglas is a phenomenal celebrity influencer. 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. "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. The major improvement in 2019 demonstrates were clearly on the right track, he said in the earnings release. 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. He inherited an airline with a core loss of $-1.6 billion. Thomas Pallini. This site uses cookies to provide a better user experience. Leadership Industry sources say Douglas - who has been in charge of Etihad since January 2018 - is RIA's "top choice". Aviation is responsible for around 2.5 percent of global carbon dioxide emissions. He is a board member of Abu Dhabi Airports and holds an MBA from the University of Lancaster, U.K. 2023 Forbes Middle East. 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. I think this plays well to the way in which international tourism will be able to come back with confidence. Twitter: @rschuur_aero. He is one of the richest and influential businessmen in United Kingdom. For the carrier's once-daily service to Dublin, you're much more likely to see the Boeing 787-10. We wouldn't hear it, because of course people used to cough before COVID all the time. Theres still some way to go but the progress made in 2019, and cumulatively since 2017, has instilled in us a renewed vigor and determination to push ahead and implement the changes needed to continue this positive trajectory., Mikael Houari, President of Airbus Africa Middle East, and Tony Douglas at the 2021 Dubai Airshow. 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). Under Hogan, the carrier had expanded quickly in size and costly partnerships. Enter Tony Douglas, who succeeded Hogan in January 2018. Where do you start? Neves was previously CEO and board member of TAP, the national airline of Portugal, where he led a major turnaround. Etihad Airways Appoints Antonoaldo Neves New CEO, Replacing Tony Douglas. In 2022, he has gone full-time freelance. Sadly, however, my crystal ball can't predict when that's going to happen, but the sustainability agenda, I think for commercial aviation is here forever and in many ways is a far bigger intellectual challenge for all of us. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. PIF is reportedly investing $30 billion in the new airline, which is expected to launch modestly with a narrowbody fleet and regional operations. . Copyright 2023 | WordPress Theme by MH Themes, Sean Collins (ice hockey defenseman) Wiki, Biography, Age, Family, NetWorth & Know More, Tony Douglas (businessman) Net Worth in 2021. Under Hogan, the carrier had expanded quickly in size and costly partnerships. 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. It produced a $-1.7 billion loss, almost the same as in 2016. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Informa Markets, a trading division of Informa PLC. Douglas' decision to quit the ministry, two years after being appointed by then Prime Minister David Cameron to overhaul the running of Europe's largest defense procurement budget, was unexpected. There's more energy focused now into alternative fuel types, than frankly I can remember in my 30 years within aviation. 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). Richard has been contributing to AirInsight since December 2018. Tony Douglas-0929. Please scroll down to see information about Tony Douglas (businessman) Social media profiles. Billions of dirhams or dollars were flowing into alliances with Air Berlin, in which it bought a 29.2 percent stake in 2011. New Saudi Arabia Airline RIA eyes Etihad's Tony Douglas as CEO: report Riyadh Air News: CEO Is Tony Douglas, ex-Etihad Boss - Bloomberg Thanks for coming along and talking to today. Etihad CEO issues call to make aviation industry net zero | AGBI So, how much is Tony Douglas (businessman) networth at the age of years old? Tony Douglas: I think everybody is only too well aware of what an incredible impact the pandemic has had on civil aviation. 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. 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. Simply log into Settings & Account and select "Cancel" on the right-hand side. I am confident that Etihad will prosper into new heights and continue its journey of sustainable growth.. 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 2019 we handled over 70 million passengers. Tony Douglas Net Worth 2022: Salary - Apumone Net zero is 'biggest challenge' for aviation: Etihad CEO Because I guess our opinion, very similar, I would imagine to many others, is there's no silver bullet for this one, there is no obvious single subject that will provide a solution, and it's going to be the combination and the sum of many different parts, many of which will be small, some of them will give us some decent sized steps. I think the trick to this is to make sure that one has a blend of propositions that give choice to the marketplace. 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. The reason why we would have, I believe, no anxiety at all, is we would know that the wellness condition of everybody on board Etihad is screened to the same standard as you and I. TD: I'd like to hope there's not, because quite often taxation drives the wrong sort of behaviour. or Douglas will join the company in January 2018. We're absolutely single-minded on the fact that this is an essential part of the solution and definitely not a component of the problem.". Etihad Airways turned profitable in the first quarter, according to Chief Executive Officer Tony Douglas, who said it's possible the Gulf carrier can post positive earnings for all of 2022, one . NASA, the North American Space Agency, people would probably be thinking, why would they be working with NASA? We're working with everybody who can coordinate and contribute to this particular challenge. Currently yield management considerations are probably more important now in pricing and obviously position, than they've ever been before. We're doing this for our own personal wellness, for our family and loved ones, for the people that we serve. I think as you allude to the fact that sustainable aviation fuels are in excess of two and a half times more expensive than conventional aviation fuels at the moment, unless the economics of this can be resolved it clearly isn't going to be a commercially sustainable part of the solution. Etihad Airways' Strategic Advisor and former Group CEO for the last five years, Tony Douglas, has worked in the aviation industry for over three decades. In 2021, the loss was down to $-476 million, thanks to a very strong second half in which Etihad recovered strongly. 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. 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. 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. Dec 13, 2021, 4:47 AM PST. Top editors give you the stories you want delivered right to your inbox each weekday. 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. tony douglas etihad net worth - tedfund.org In 2017, the German low-cost airline went bust. 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. 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. tony douglas etihad net worth - randomgoodness.ca 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. Sign up for notifications from Insider! Standard Digital includes access to a wealth of global news, analysis and expert opinion. He inherited Hogans transformation plan, of which the core was to get rid of its strategic investments in other airlines and fully focus on a leaner and more efficient Etihad instead. I actually think that's a good thing, not just for us as a leaner, more agile organisation, but again, for the travelling community, our guests.. Ray Gammell, who has served as interim group CEO since May will return to his position as Group Chief People & Performance Officer, Etihad said. "We are going to go absolutely out of our way to make sure that we can reassure you. You can still enjoy your subscription until the end of your current billing period. 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..

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