To put it into context, we've already had over 3,000 members of the Etihad family on their third booster. Some of that's around the use of smarter technology, so machine learning, artificial intelligence. As it transformed, so did Etihads ownership. Peter Harbison: Welcome to CAPA Live, Tony Douglas Group CEO of Etihad Airways, great to have you with us, Tony. 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. 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. Of course here in Abu Dhabi, we have like many countries, a green, an amber and a red list, and we've started to see the green list now steadily increase. The growth in Saudis hotel room inventory will swell to become larger than []. The 56 or so destinations we fly into at the moment, 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. Richard has been contributing to AirInsight since December 2018. We thank Tony for all the hard work he has delivered. Access your favorite topics in a personalized feed while you're on the go. Net zero must be 'at the very top of the agenda' for industry as well as government, Etihad CEO Tony Douglas has told AGBI. 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 . 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. REUTERS/Christopher Pike/File Photo. 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). commentary and analysis you can trust. The -born businessman expert is arguably the worlds most influential Tony Douglas (businessman) is expert, with a wide-ranging social media outreach. 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. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Furthermore, Douglas affirms that sustainability will continue to be a key priority . 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. 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.. 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. 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. Executive Director; Our Team; Research. Abu Dhabi's Etihad Aviation Group has appointed Antonoaldo Neves as its new CEO, it said on Wednesday. In line with the countrys, Airbus makes autonomous take-offs a reality, Mitsubishi's SpaceJet more and more on the backburner. In 2014, Etihad bought 49 percent ofAlitalia for $1.92 billion, but as losses continued, Hogan said in 2017 he had enough. PIF is reportedly investing $30 billion in the new airline, which is expected to launch modestly with a narrowbody fleet and regional operations. Tony Douglas was named the new CEO of Etihad Aviation Group on Thursday. 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. How we work with traffic controllers and regulators, to be able to get controlled climbs and continuous descent happen. 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. ", Watch the full interview with Etihad Group CEO Tony Douglas here: Interview with Etihad Group CEO Tony Douglas. 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. Economics Letter; Current Research Home; About. 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. I think we're still number one in the world in terms of vaccination per capita and it reveals itself in the way in which, for all intents and purposes, we're pretty much back to absolutely a normal, but nonetheless controlled from a health point of view, lifestyle. 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. Read more: Exclusive: Etihad's Tony Douglas discusses recovery, record profits, and change Douglas has been lured away by Saudi Arabia to create a new, 5-star airline that should rival the Gulf carriers. We're working with everybody who can coordinate and contribute to this particular challenge. 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. That probably leads us into why we thought Etihad Wellness was so important when we originally introduced it in the middle of last year. 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. And who would qualify better for the job than Douglas? 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. Etihad entered 2022 with a record breaking first-half operating profit of $296 million. 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. All Rights Reserved. By February, the companys carrier Etihad Airways completed the vaccination of 100% of its on-board crew. It's not all about big initiatives, it's how one collects all of the small ones to help contribute as well. Informa Markets, a trading division of Informa PLC. The error has been corrected, Your email address will not be published. Billions of RIyals, really? Under Hogan, the carrier had expanded quickly in size and costly partnerships. [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. He inherited an airline with a core loss of $-1.6 billion. PH: Tony, you're predominantly a hub carrier, I presume that's still the case. We thank Tony for all the hard work he has delivered.. Etihad has already said it would no longer financially support Air Berlin and Italy's Alitalia, two of its prized investments. You simply wouldn't experience that here in Abu Dhabi. The imminent departure of Douglas from Etihad comes at a logical moment. The major improvement in 2019 demonstrates were clearly on the right track, he said in the earnings release. Neves was previously CEO and board member of TAP, the national airline of Portugal, where he led a major turnaround. university 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. 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. ", - 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. Our Standards: The Thomson Reuters Trust Principles. 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. Douglas's history in Abu Dhabi "is likely to be significant in providing a sense of trust by the owners," aviation consultant John Strickland told Reuters. 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. 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%. Neves said: Etihad Airways is a global brand in the industry. 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. Let's kick off with the big picture stuff. For cost savings, you can change your plan at any time online in the Settings & Account section. Analysts said it signaled the difficulties of reforming Britain's 16 billion pounds ($21.5 billion) a year defense equipment plan. Talking at the CAPA Live on 8-Sep-2021, Etihad Group CEO Tony Douglas spoke with CAPA's chairman emeritus Peter Harbison. It had been reported a couple of weeks ago that new Saudi Arabian startup RIA wanted to headhunt Douglas for the top job, it seems the hunt has been fruitful. Douglas has spearheaded Etihads stance on building a sustainable aviation sector. We wouldn't hear it, because of course people used to cough before COVID all the time. 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. 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 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. We would know that that person has been tested and or double vaccinated. Chairman Mohamed Mubarak Fadhel al-Mazrouei said Douglas was "keenly familiar with Etihads challenges and opportunities in a rapidly changing industry. In 2014, Etihad bought 49 percent of. You can still enjoy your subscription until the end of your current billing period. Etihad walked out, having lost hundreds of millions on Alitalia in just four years. 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. 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. All Rights Reserved. Today we find it's a heavy degree of art and a little bit of science. 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. Top editors give you the stories you want delivered right to your inbox each weekday. Etihad further improved its results and reduces its loss to $-0.87 billion in 2019. 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. 6mo. analyse how our Sites are used. 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. articles a month for anyone to read, even non-subscribers. Tony Douglas net worth is estimated at around $12 million. 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 have dedicated Wellness ambassadors on board and we of course, like many other airlines sanitise to almost surgical operating standards. He inherited an airline with a core loss of $-1.6 billion. 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. Roland Magunia for The National Deena Kamel organisation We're doing this for our own personal wellness, for our family and loved ones, for the people that we serve. I honestly believe Abu Dhabi has been one of the best led places in the world in dealing with this pandemic. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. The majority of this website will not function as intended without JavaScript enabled. 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. Etihad Airways Appoints Antonoaldo Neves New CEO, Replacing Tony Douglas. Arabian Business reported that RIA is also trying to lure away two other Etihad executives. Covid-19; Power Letters 2021: Tony Douglas, CEO, Etihad Aviation Group. I really enjoyed this and there's some very interesting facts in there. Mohammad Al Bulooki Chief Operating Officer Learn more Raffael Quintas Chief Financial Officer 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. 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. ($1 = 0.7445 pounds). Economic Development Research Organization. Tony Douglas-0929. 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. 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. 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. He serves as the CEO of Riyadh Air, a Saudi Public Investment Fund subsidiary. It's worth noting that Planespotters.net lists another two 777-300ERs in a VIP configuration, but we've excluded these jets from the count. 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. Douglas joined the group in 2018 and has around two decades of experience in transportation, infrastructure, and government sectors. 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.". 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. Dec 13, 2021, 4:47 AM PST. He has been the CEO of Etihad Airways since January 2018. Those are the sorts of things Etihad would never have thought about pre-pandemic. There's more energy focused now into alternative fuel types, than frankly I can remember in my 30 years within aviation. He will replace long-time CEO, James Hogan. 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. 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 . The smallest of Abu Dhabi's three main sovereign wealth funds, ADQ has emerged as one of the region's most active dealmakers.
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