tony douglas etihad net worth

Tony Douglass income mostly comes from and basic source is being a successful British businessman. Stay informed and spot emerging risks and opportunities with independent global reporting, expert By February, the companys carrier Etihad Airways completed the vaccination of 100% of its on-board crew. All Rights Reserved. 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. Thanks to our transformation program, Etihad is emerging from the pandemic stronger than ever, with a world-class fleet, an unmatched customer proposition, and sustainability woven into every fiber of our business.. 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. March 13, 2023 . Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Even pre-pandemic for Etihad every three or four weeks wed do a big deep dive in terms of adjustments to our network. I think, equally, this will force many operators to have to rethink their business model. 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. The agility is something that you will see us maintain going forward. Top editors give you the stories you want delivered right to your inbox each weekday. Dec 13, 2021, 4:47 AM PST. It helps to already be famous to become a social media influencer, but he demonstrates that you need to have a raw or personal touch and engage with your followers if you want to do well on Instagram Facebook, Twiter, Youtube, 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. See here for a complete list of exchanges and delays. or 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. Tony Douglas: I think everybody is only too well aware of what an incredible impact the pandemic has had on civil aviation. 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. 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. I recall many years ago when I was involved with the BAA and Heathrow, back in the day, how noise was actually incentivised in both a carrot and a stick way, i.e, if you were operating a lower noise-emitting new generation aircraft, your fees reflected a benefit, and ditto, if you were maintaining far noisy older generation aircraft, you had a corresponding penalty on rates. PH: Tony, you're predominantly a hub carrier, I presume that's still the case. 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. 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. 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. Douglas, the press release said, has decided to pursue an opportunity elsewhere, and will serve during his transition period as an advisor to the Board of ADQ Aviation and Aerospace Services Company., I am proud to have served as Etihads chief executive officer over the past five years, Douglas is quoted. Peter Harbison: Welcome to CAPA Live, Tony Douglas Group CEO of Etihad Airways, great to have you with us, Tony. 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. He inherited an airline with a core loss of $-1.6 billion. That means you've got to have a whole lot of synchrony with your hub airport, but what are the dynamics of that? To put it into perspective, what we've observed here 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%. "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.". 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. 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? We would know that there couldn't possibly be a function of any transmission from the cabin crew or the flight crew, and I think therefore, back to the whole need for a safer, more assured form of travel going forward is really important and something that Etihad has a huge amount of effort into being able to present.. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. 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 I think is far more important on the other side of the equation. The transformation was much needed to make Etihad profitable. 2019 Ted Fund Donors 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. He inherited an airline with a core loss of $-1.6 billion. Net zero must be 'at the very top of the agenda' for industry as well as government, Etihad CEO Tony Douglas has told AGBI. and other data for a number of reasons, such as keeping FT Sites reliable and secure, Where do you start? How do you ensure that you do get this flow through health scheme that you yourself can enforce on the aircraft, but it's a lot more difficult once they get into the airport and start mingling with other people? Richard has been contributing to AirInsight since December 2018. Tony Douglas is a British businessman. PH: I'm right with you on that. Hogan's departure was announced in January. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. He previously served as the CEO of Etihad Airways from January 2018 to October 2022. Under Hogan, the carrier had expanded quickly in size and costly partnerships. 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. Saudi Arabia's Public Investment Fund (PIF . The technical storage or access that is used exclusively for anonymous statistical purposes. He has been the CEO of Etihad Airways since January 2018. It's been holistic and all encompassing and public health, wellbeing has been priority number one by some distance. With a core operating profit of $296 milliondespite an almost 60% increase in fuel costs, in comparison to the same period last year," Douglas says, attributing the "incredible achievement," to the hard work and commitment of the "Etihad family.". Douglas, under whose tenure Etihad trimmed its ambitions and started reorganising as a mid-sized carrier focused on point-to-point traffic, said he was proud to have served as chief executive. 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. Neves will replace Tony Douglas, who has decided to pursue an opportunity elsewhere . The IMF reached a staff-level agreement with Lebanon in April 2022 for a $3 billion loan programme to tackle its financial crisis. Instagram, Facebook, Twitter and much more. cookies Tony Douglas, Etihad's chief executive told The National earlier this year. Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group. Today we find it's a heavy degree of art and a little bit of science. To put it into context, we've already had over 3,000 members of the Etihad family on their third booster. 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. personalising content and ads, providing social media features and to I really enjoyed this and there's some very interesting facts in there. 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. For the carrier's once-daily service to Dublin, you're much more likely to see the Boeing 787-10. 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. Decision Analytics Subscribe Video Library Media, WebinarsPrivacy Policy Terms and Conditions Data Access Request. Currently yield management considerations are probably more important now in pricing and obviously position, than they've ever been before. 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. Arabian Business reported that RIA is also trying to lure away two other Etihad executives. Saudi Arabia's new global airline RIA has approached Etihad's Tony Douglas to be its new CEO, Arabian Business understands. 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%. Enter Tony Douglas, who succeeded Hogan in January 2018. Live from Hong Kong, bringing you the most important global business and breaking markets news information as it happens. Tony Douglas steps down as CEO of Saudi RIA after just 2 months Etihad's former CEO and the CEO of Saudi Arabia's new $30 billion national Airline RIA, Tony Douglas, has reportedly left office after just two months in his new role. In line with the countrys, Airbus makes autonomous take-offs a reality, Mitsubishi's SpaceJet more and more on the backburner. I can honestly tell you it's almost a daily dynamic activity now, and the reason of course for that is because travel restrictions change on a very regular basis in countries all around the world. And then came the Covid years. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. He is also writing for Airliner World and Aviation News. Neves was announced as group CEO while Douglas will serve during his transition period as an advisor to the board of ADQ Aviation and Aerospace Services Company. 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. 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). Firstly, vaccination curves increasing in many countries, a corresponding slight easing in travel restrictions that followed. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Businessman Etihad Airways, the national airline of the UAE, expects to make profit at the end of its turnaround plan in 2023, its chief commercial officer said. commentary and analysis you can trust. 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. 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 programme, Mohammed Ali Al Shorafa, chairman of Etihad Aviation Group, said. Sign up for notifications from Insider! We're working with everybody who can coordinate and contribute to this particular challenge. Billions of RIyals, really? I think there's probably an important balance here to look at the carrot side of it. Executive Director; Our Team; Research. Network Planning was almost like an annual cycle as part of next years budget. 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. 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. "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. As were entering our next phase of sustainable growth, we are confident that Antonoaldo will build on Tonys legacy. We thank Tony for all the hard work he has delivered. Those are the sorts of things Etihad would never have thought about pre-pandemic. 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. 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. Tony Douglas (businessman) is a British businessman. Douglas - who has been in charge of the UAE national carrier since 2018 - could take the helm later this year. Tony Douglas (businessman) is a British businessman. Industry sources say Douglas - who has been in charge of Etihad since January 2018 - is RIA's "top choice". 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. 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? I think there's probably an important balance here to look at the carrot side of it, ie, how commercial airlines get incentivised for the way in which they are contributing to more efficient and therefore sustainable flight programmes. In 2014, Etihad bought 49 percent ofAlitalia for $1.92 billion, but as losses continued, Hogan said in 2017 he had enough. Some of that's around the use of smarter technology, so machine learning, artificial intelligence. That probably leads us into why we thought Etihad Wellness was so important when we originally introduced it in the middle of last year. Tourism revenue is paramount for the government to reduce the current account deficit to tackle high inflation and interest rates, Daily Sabah newspaper said. What's happening in the Gulf, particularly your specific environment? Etihad 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. Humanity consumes a half-trillion cups of coffee every year, yet coffee production is one of the most antiquated industries within agriculture. I think, as you rightly say today we find it's a heavy degree of art and a little bit of science. The new aircraft is currently serving two routes in the US . Even here in Australia where Alan Joyce has said, very specifically, all the crew, all the staff need to be vaccinated, it seems strange to me that that would be controversial, because going back to your example of you sitting with me or behind me, or in front of me, I would feel much more comfortable if I know everybody else has been vaccinated, particularly the cabin crew. The technical storage or access that is used exclusively for statistical purposes. 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. 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 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". We did it because we fully anticipated that as the pandemic starts to ease there will be of course, a residual anxiety with the travelling community. He has been the CEO of Etihad Airways since January 2018. previously, he 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). Access your favorite topics in a personalized feed while you're on the go. That seems to me that governments are being highly hypocritical in many cases, by not recognising the fact that they're the ones who are actually standing in the way of progress, particularly when you get into Europe. The transformation was much needed to make Etihad profitable. analyse how our Sites are used. In 2014, Etihad bought 49 percent of. And then came the Covid years. I go back to the earlier point, it's not all about big initiatives, it's how one collects, we think, all of the small ones to help contribute as well. Abu Dhabi has recruited Britain's top defense buyer to run troubled Etihad Airways which is rethinking an aggressive expansion strategy that led it to huge losses last year. Back to Greenliner, and we've also been involved with Boeing on ecoDemonstrator flights. In his first year 2018, at the helm, Douglas succeeded in cutting the loss to $-1.28 billion. 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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. 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. We asked him about what makes the A350-1000 standout against other planes and how this plane fits in with the Etihad mission of achieving net zero emissions by 2050.WATCH MORE AT https://www.khaleejtimes.com/videosTELEGRAM: https://t.me/KhaleejTimesFACEBOOK: https://www.facebook.com/khaleejtimes/TWITTER: https://twitter.com/khaleejtimesINSTAGRAM: https://www.instagram.com/khaleejtimes/#Dubai #News #khaleejtimes Today you can go on to Etihad.com and if you want to book 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. Douglas joined the group in 2018 and has around two decades of experience in transportation, infrastructure, and government sectors. Twitter: @rschuur_aero. We use cookies to optimize our website and our service. I think what that probably signals to everybody is the absolute latent demand that you and I, all of us, when we're operating in the capacity as being members of the travelling public, can't wait to get back to some degree of normality and the joy of travelling. 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. Khaleej Times met with the Etihad CEO, Tony Douglas on board the maiden A350-1000 flight form Abu Dhabi to London Heathrow. 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. 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. It's not all about big initiatives, it's how one collects all of the small ones to help contribute as well. In 2021, the loss was down to $-476 million, thanks to a very strong second half in which Etihad recovered strongly. 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. 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. Tony Douglas, who has also run Abu Dhabi and London Heathrow Airports, will join Etihad as group chief executive in January from Britain's Ministry of Defence, the airline said in a statement on Thursday. Abu Dhabi has recruited. Here we are updating just estimated networth of Tony Douglas (businessman) salary, income and assets. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Its almost a daily dynamic activity right now. 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. also know about his Social media accounts i.e. 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. We have dedicated Wellness ambassadors on board and we of course, like many other airlines sanitise to almost surgical operating standards. Analysts said it signaled the difficulties of reforming Britain's 16 billion pounds ($21.5 billion) a year defense equipment plan. In early March 2020, FlightGlobal was finalising plans to interview Tony Douglas in Abu Dhabi later that month. We recommend you to check the complete list of Famous businessman. 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. 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. TD: I'd like to hope there's not, because quite often taxation drives the wrong sort of behaviour. 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. 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. I think the good news again for the travelling public, there's some incredible deals to be had out there. It's been holistic and all encompassing and public health, wellbeing has been priority number one by some distance. I am confident that Etihad will prosper into new heights and continue its journey of sustainable growth.. As part of Etihad Wellness, the airline introduced the Covid-19 global wellness insurance for all its guests Sources close to Saudi Arabia's Public Investment Fund (PIF) told Arabian Business that Douglas was "no longer involved" with . 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). with lot of social media fan he often posts many personal photos and videos to interact with her huge fan base social media plateform. 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. ", Watch the full interview with Etihad Group CEO Tony Douglas here: Interview with Etihad Group CEO Tony Douglas. All quotes delayed a minimum of 15 minutes. Last year, the International Air Transport Association pledged carbon neutrality by 2050, which is also a target of the United Arab Emirates and several other countries. I think what that probably signals to everybody is the absolute latent demand. Sustainable aviation fuels are in excess of two and a half times more expensive than conventional aviation fuels at the moment. Your email address will not be published. From January 2023, he will add a part-time role with Dutch website and magazine Luchtvaartnieuws. 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. In 2017, the German low-cost airline went bust. You simply wouldn't experience that here in Abu Dhabi. At the age of years, Tony Douglas (businessman) weight not available right now. Copyright 2023. PH: I think that's obviously a really good message, and a really good strategy, which you have to be taking. Tony Douglas is a phenomenal celebrity influencer. 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. Aviation is responsible for around 2.5 percent of global carbon dioxide emissions. 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. 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. I'll perhaps come back to that if I may, in a moment. But progress on [], Turkeys tourism revenue rose 33 percent in the first quarter of 2023 to $8.69 billion, driven by a surge in foreign arrivals, said Turkish Statistical Institute (TurkStat) in a report. Etihad walked out, having lost hundreds of millions on Alitalia in just four years. 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. I should have known better as a frequent visitor of the UAE. Simply log into Settings & Account and select "Cancel" on the right-hand side. 2007-2020 AirInsight Group LLC.
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