For a full comparison of Standard and Premium Digital, click here. Billions of RIyals, really? 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. Douglas will join the company in January 2018. Back to Greenliner, and we've also been involved with Boeing on ecoDemonstrator flights. There's more energy focused now into alternative fuel types, than frankly I can remember in my 30 years within aviation. Sustainability50, which carries a unique livery in recognition of the 50th anniversary of the federation of the UAE and Etihad's commitment to net-zero carbon emissions by 2050. analyse how our Sites are used. Etihad offers to sell its entire stake in Jet Airways to SBI Sign up for our Middle East newsletter and follow us @middleeast fornews on the region. They've got a habit of being obviously, extremely changeable, and I think what's brought, again, our transformation process over the last three years, the benefits from that to the fore, is the fact that it's made us an awful lot more agile. I think, as you rightly say today we find it's a heavy degree of art and a little bit of science. I'll perhaps come back to that if I may, in a moment. 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 . Peter Harbison: Welcome to CAPA Live, Tony Douglas Group CEO of Etihad Airways, great to have you with us, Tony. Exclusive news, data and analytics for financial market professionals, Reporting by Yousef Saba; Editing by Jan Harvey and Muralikumar Anantharaman, American Airlines pilots authorize a strike mandate, Qantas picks first female CEO to lead the airline, U.S. FAA opens new direct plane routes ahead of summer travel, Russian strikes kill two in Ukraine, damage dozens of buildings, Exxon Mobil not quitting exploration in Brazil, Lordstown shares dive 23% as investor Foxconn alleges agreement breach, Fifth Third Bancorp bid for First Republic before sale to JPMorgan -sources, Brazil's Petrobras to keep stake in Colombia's deepwater block Tayrona, Brazilian oil-export tax a 'concerning' development,' says Shell chief. Etihad's Tony Douglas: 'Don't fight the storm' - Financial Times I actually think that's a good thing, not just for us as a leaner, more agile organisation, but again, for the travelling community, our guests.. Access your favorite topics in a personalized feed while you're on the go. Abu Dhabi eyes aviation services giant to boost its manufacturing, UAEs Etihad confirms Airbus A350 freighter order, Etihad CEO issues call to make aviation industry net zero, Qatar Airways CEO plays down threat of competition, Lebanons tourism minister hails $9bn revenues, Turkeys tourism revenue rises 33% to $8.7bn in Q1 2023, Sustainability looms large at Arabian Travel Market 2023, Saudi hotel development costs estimated at $38bn, Antonoaldo Neves previously turned around TAP airline in Portugal, Outgoing chief said to be joining new Saudi airline RIA. Please scroll down to see information about Tony Douglas (businessman) Social media profiles. 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%. Khaleej Times met with the Etihad CEO, Tony Douglas on board the maiden A350-1000 flight form Abu Dhabi to London Heathrow. Etihad's Tony Douglas agrees to join new Saudi airline RIA 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. Expressed quite simply, 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. 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. 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. 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). He has been the CEO of Etihad Airways since January 2018. 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. Tony Douglas is a British businessman. tony douglas salary etihad 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. 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. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Douglas previously served as chief executive of Abu Dhabi Airports Company from 2013 to 2015. 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. 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. Over in India, the early morning service to Delhi may see an A350, but it's much more likely to be operated by a 787-9 or -10. This trend has continued in 2022, with Douglas happily reporting that Etihad recordeda $296 million profit and was performing well on all fronts. 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. And then came the Covid years. 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.". 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. 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. What we've put together is a series of programmes. 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. We're doing this for our own personal wellness, for our family and loved ones, for the people that we serve. He is a board member of Abu Dhabi Airports and holds an MBA from the University of Lancaster, U.K. 2023 Forbes Middle East. Dallas/Fort Worth and Ho Chi Minh City to boost growth, the airline carried 17.8 million passengers in 2018. . To put it into context, we've already had over 3,000 members of the Etihad family on their third booster. July for us was our best month in about the last year and a half, so that average load factor, the 25% I mentioned before, was up to just over 40% in July. 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%. 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. 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's not all about big initiatives, it's how one collects all of the small ones to help contribute as well. The transformation was much needed to make Etihad profitable. 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. personalising content and ads, providing social media features and to Hogan's departure was announced in January. NASA, the North American Space Agency, people would probably be thinking, why would they be working with NASA? Tony Douglas is a British businessman. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. 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.. I honestly believe Abu Dhabi has been one of the best led places in the world in dealing with this pandemic. 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 . by Richard Schuurman | Oct 20, 2022 | Aerospace | 2 comments. "we were the first airline in the world to be fully vaccinated. Douglas' decision to quit the ministry, two years after being appointed by then Prime Minister David Cameron to overhaul the running of Europe's largest defense procurement budget, was unexpected. Tony Douglas is a phenomenal celebrity influencer. For the carrier's once-daily service to Dublin, you're much more likely to see the Boeing 787-10. I think, equally, this will force many operators to have to rethink their business model. Tourism revenue is paramount for the government to reduce the current account deficit to tackle high inflation and interest rates, Daily Sabah newspaper said. I should have known better as a frequent visitor of the UAE. Billions of dirhams or dollars were flowing into alliances with Air Berlin, in which it bought a 29.2 percent stake in 2011. This 'Money Pit' Airline Says It's Finally Set Up To - Forbes This site uses cookies to provide a better user experience. Former boss of Portuguese airline TAP named Etihad Aviation Group CEO after ADQ transfer Antonoaldo Neves succeeds Tony Douglas, who has decided to pursue an opportunity elsewhere Etihad reported a record first-half profit as demand for long-haul travel recovered with the easing of Covid-19 restrictions. offers FT membership to read for free. Economics Letter; Current Research Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. The future of aviation is sustainable | Paid for and posted by Etihad They were never optimised for the way in which today, some of the busiest routes in the world, in obviously Europe, North America and other locations can be optimised, so there's a big opportunity in our opinion there. 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 Douglas-0929. 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. Etihad further improved its results and reduces its loss to $-0.87 billion in 2019. We recommend you to check the complete list of Famous businessman. Chairman Mohamed Mubarak Fadhel al-Mazrouei said Douglas was "keenly familiar with Etihads challenges and opportunities in a rapidly changing industry. Etihad names new CEO as airline confirms Tony Douglas exit "we were the first airline in the world to be fully . Douglas, who took over as CEO in 2018, has canceled or threatened to back out of much of two massive orders placed with Boeing and Airbus in 2013 for 143 jetliners that had a then-record total. 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. 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. Etihad CEO Tony Douglas has agreed to join new Saudi airline RIA, Arabian Business understands from industry sources. 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.
Mississippi Nuisance Law,
Does The Fda Allow Human Remains In Food,
Homer Laughlin Patterns By Year,
Jimmie Herrod Never Enough,
Guardian Tactical Recon For Sale,
Articles T
French 
English