"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. You seem to have JavaScript disabled in your browser. 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. "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.". PH: I think that's obviously a really good message, and a really good strategy, which you have to be taking. PH: I'm right with you on that. 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. 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. Chairman Mohamed Mubarak Fadhel al-Mazrouei said Douglas was "keenly familiar with Etihads challenges and opportunities in a rapidly changing industry. 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. Read more: Exclusive: Etihad's Tony Douglas discusses recovery, record profits, and change Tony Douglas was named the new CEO of Etihad Aviation Group on Thursday. 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. Thanks for coming along and talking to today. Home; About Us. Douglas will join the company in January 2018. Furthermore, Douglas affirms that sustainability will continue to be a key priority . For a full comparison of Standard and Premium Digital, click here. 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. Top editors give you the stories you want delivered right to your inbox each weekday. We would know that that person has been tested and or double vaccinated. In 2017, the German low-cost airline went bust. By February, the companys carrier Etihad Airways completed the vaccination of 100% of its on-board crew. I really enjoyed this and there's some very interesting facts in there. 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. Just this week on October 18, the transaction was approved by the Supreme Council for Financial and Economic Affairs and the ownership of Etihad Airlines Group (EAG) was transferred to ADQ. We're doing quite a bit at the moment on optimising contrails for example. Etihad is also embroiled in a long-running dispute with American, Delta, and United airlines over its expansion into the US market. Some of that's around the use of smarter technology, so machine learning, artificial intelligence. An Etihad Airbus A380 . Covid-19; Power Letters 2021: Tony Douglas, CEO, Etihad Aviation Group. Keep abreast of significant corporate, financial and political developments around the world. 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. 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. Douglas has spearheaded Etihads stance on building a sustainable aviation sector. 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. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. 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 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. I think, we need to be realistic in managing costs with an obsession to detail, and just walking through the steps of this in a very, very structured way, but I think equally there's a cause for some optimism now, as vaccination in particular gathers momentum.. Access your favorite topics in a personalized feed while you're on the go. 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. Douglas has been lured away by Saudi Arabia to create a new, 5-star airline that should rival the Gulf carriers. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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. Learn how your comment data is processed. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Weve got about 10 seconds left though, in one word, given that background, are you anticipating there will be taxes fairly widespread? We support credit card, debit card and PayPal payments. 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The Etihad Airways group chief executive was a little over two years into a major . Tony Douglas net worth is estimated at around $12 million. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. We use And then came the Covid years. He previously served as the CEO of Etihad Airways from January 2018 to October 2022. 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've been working with Boeing, with GE, with Safran, even NASA. Sign up for notifications from Insider! 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. To put it into context, we've already had over 3,000 members of the Etihad family on their third booster. 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. 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. 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. What we've tried to do is capitalise on the old clich of never waste a good crisis. The technical storage or access that is used exclusively for anonymous statistical purposes. . 0. Copyright 2023. 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. 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. 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. Tony Douglas-0929. The error has been corrected, Your email address will not be published.
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