Prior to TAP he was president of Azul Airlines in Brazil, where he led the company to IPO in New York. Etihad further improved its results and reduces its loss to $-0.87 billion in 2019. 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. Tony Douglas, Etihad's chief executive told The National earlier this year. We were the first airline in the world to have a 100% vaccinated cabin crew and flight crew. and other data for a number of reasons, such as keeping FT Sites reliable and secure, organisation The majority of this website will not function as intended without JavaScript enabled. 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. He inherited an airline with a core loss of $-1.6 billion. Tony Douglas was named the new CEO of Etihad Aviation Group on Thursday. 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. 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.. 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 sustainable aviation fuels, we proudly hold the record at the moment for the longest duration, obviously distance as well as flight, with the heaviest SAF mix. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. Etihad walked out, having lost hundreds of millions on Alitalia in just four years. The IMF reached a staff-level agreement with Lebanon in April 2022 for a $3 billion loan programme to tackle its financial crisis. Billions of RIyals, really? . Douglas joined the group in 2018 and has around two decades of experience in transportation, infrastructure, and government sectors. Khaleej Times met with the Etihad CEO, Tony Douglas on board the maiden A350-1000 flight form Abu Dhabi to London Heathrow. he is one of famous businessman with the age years old group. Economic Development Research Organization. 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. The transformation was much needed to make Etihad profitable. with lot of social media fan he often posts many personal photos and videos to interact with her huge fan base social media plateform. Simply log into Settings & Account and select "Cancel" on the right-hand side. I think the agility that I've just described is something that you will see us maintain going forward. The Big Talk: Etihad Aviation Group CEO, Tony Douglas on recovery By Anil Bhoyrul and Matthew Amlot Thu 8 Sep 2022. Neves was CEO and a board member of TAP, Portugal's national carrier, from July 2017 to September 2020, according to his LinkedIn. Tony Douglas is a phenomenal celebrity influencer. 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. Etihad Airways to be profitable by 2023 - The National There's no history that's relevant to today is there? Please only use it for a guidance and Etihad Airways's actual income may vary a lot from the dollar amount shown above. That probably leads us into why we thought Etihad Wellness was so important when we originally introduced it in the middle of last year. From January 2023, he will add a part-time role with Dutch website and magazine Luchtvaartnieuws. Our Standards: The Thomson Reuters Trust Principles. I'd like to think that as momentum builds, and perhaps comprehension develops, around the sustainable challenge being something that's an international call out to governments, regulators, airlines, manufacturers and the industry at large, that tax might be a small part of the solution, but actually incentivisation is far more important on the other side of the equation. 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. A Message from Group CEO Tony Douglas | Etihad Airways It's one of the areas that must be very difficult. PH: Tony, you're predominantly a hub carrier, I presume that's still the case. 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. Premium access for businesses and educational institutions. commentary and analysis you can trust. Abu Dhabi has recruited. 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 . Firstly, vaccination curves increasing in many countries, a corresponding slight easing in travel restrictions that followed. Saudi Arabia's new global airline RIA has approached Etihad's Tony Douglas to be its new CEO, Arabian Business understands. 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. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. 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. Net zero must be 'at the very top of the agenda' for industry as well as government, Etihad CEO Tony Douglas has told AGBI. 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. Skip to content Skip to Search. Airbus A380 in Etihad livery. university Copyright 2023. 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. Douglas has been lured away by Saudi Arabia to create a new, 5-star airline that should rival the Gulf carriers. 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. 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. 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. You can still enjoy your subscription until the end of your current billing period. They were optimised, of course, for shorter haul, propeller-powered flight. The industry leader for online information for tax, accounting and finance professionals. At the age of years, Tony Douglas (businessman) weight not available right now. Tony Douglas (businessman), better known by her family name Tony Douglas (businessman), is a popular British businessman. All Rights Reserved. Whilst I stress that the Etihad brand will continue to be one that differentiates around the quality of its service and in particular the way in which its Wellness proposition will give you that sense of assuredness. In his first year 2018, at the helm, Douglas succeeded in cutting the loss to $-1.28 billion. Stay up to date with what you want to know. Billions of dirhams or dollars were flowing into alliances with Air Berlin, in which it bought a 29.2 percent stake in 2011. It's not all about big initiatives, it's how one collects all of the small ones to help contribute as well. 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Enter Tony Douglas, who succeeded Hogan in January 2018.
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