EXCLUSIVE: New Saudi Airline RIA seeks Etihad's Tony Douglas as CEO 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. 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. 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. Tony Douglas's salary per month with other career earnings is over $1 million dollars annually. I think the good news again for the travelling public, there's some incredible deals to be had out there. Informa Markets, a trading division of Informa PLC. 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. 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. 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. My mistake! Please get your facts right! With that said, back to focusing on cargo in a very focused fashion, looking at fundamentally redesigning our in-cabin experience around Etihad Wellness as a product, and maybe I'll come back to that later on. The . 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. Net zero is 'biggest challenge' for aviation: Etihad CEO university Neves said: Etihad Airways is a global brand in the industry. 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. Wanna follow Etihad Airways's net worth? The transformation was much needed to make Etihad profitable. In 2021, the loss was down to $-476 million, thanks to a very strong second half in which Etihad recovered strongly. ", - SAFs: "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. Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group, said: "As we say goodbye to 2020, I wanted to start the new year by demonstrating my own . In line with the countrys, Airbus makes autonomous take-offs a reality, Mitsubishi's SpaceJet more and more on the backburner. 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. It's been holistic and all encompassing and public health, wellbeing has been priority number one by some distance. Etihad has already said it would no longer financially support Air Berlin and Italy's Alitalia, two of its prized investments. 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. Covid-19; Power Letters 2021: Tony Douglas, CEO, Etihad Aviation Group. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. And then came the Covid years. Etihad CEO issues call to make aviation industry net zero | AGBI If however, we were on the equivalent flight from Abu Dhabi, and the same thing happened, just after take off, I don't think we'd even hear it. New Saudi Arabia Airline RIA eyes Etihad's Tony Douglas as CEO: report See here for a complete list of exchanges and delays. Tony Douglas is a phenomenal celebrity influencer. He will replace long-time CEO, James Hogan. 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. I think, equally, this will force many operators to have to rethink their business model. 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. The Big Talk: Etihad Aviation Group CEO, Tony Douglas on recovery 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? 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.. 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. Chairman Mohamed Mubarak Fadhel al-Mazrouei said Douglas was "keenly familiar with Etihads challenges and opportunities in a rapidly changing industry. Under Hogan, the carrier had expanded quickly in size and costly partnerships. "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. He inherited an airline with a core loss of $-1.6 billion. Where do you start? Check if your 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. Those are the sorts of things Etihad would never have thought about pre-pandemic. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. 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. The major improvement in 2019 demonstrates were clearly on the right track, he said in the earnings release. As we come out of the pandemic, of course the big routes will continue to be dominant. Etihad Airways Could Post Annual Profit for 2022, Ahead of Plan, CEO I think the trick to this is to make sure that one has a blend of propositions that give choice to the marketplace. 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.". We're doing quite a bit at the moment on optimising contrails for example. 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.. I think there's probably an important balance here to look at the carrot side of it. All Rights Reserved. If I use perhaps an example, perhaps almost to make a little bit of fun, but there's a serious point in this, I will do in a moment, but it plays into the fact that 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. Billions of dirhams or dollars were flowing into alliances with Air Berlin, in which it bought a 29.2 percent stake in 2011. Khaleej Times met with the Etihad CEO, Tony Douglas on board the maiden A350-1000 flight form Abu Dhabi to London Heathrow. Under Hogan, the carrier had expanded quickly in size and costly partnerships. 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. Tony Douglas (businessman), better known by her family name Tony Douglas (businessman), is a popular British businessman. 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. Tony Douglas (businessman) - Wikipedia Douglas previously served as chief executive of Abu Dhabi Airports Company from 2013 to 2015. 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? 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. 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. 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). Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. offers FT membership to read for free. Finally, I think there's a call out for regulators and governments, because there is predictably perhaps, a lot of dialogue around using what I would describe as the stick, ie, more punitive measures around taxation and penalties. Even pre-pandemic for Etihad every three or four weeks wed do a big deep dive in terms of adjustments to our network. 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 have dedicated Wellness ambassadors on board and we of course, like many other airlines sanitise to almost surgical operating standards. Enter Tony Douglas, who succeeded Hogan in January 2018. Businessman ", - Cargo: "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", - Revenue management: "Revenue management used to be a heavy degree of science and a sprinkle of art. Etihad's Tony Douglas: 'Don't fight the storm' - Financial Times 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. Tony Douglas, Etihad's chief executive told The National earlier this year. 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. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Sustainability is indeed the other legacy that Tony Douglas leaves behind at 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. We operated, because Greece went green during the summer, into places like Santorini, places like Mykonos, places like Malaga of course, in Spain. Stay informed and spot emerging risks and opportunities with independent global reporting, expert
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