tony douglas etihad net worth

Tony Douglas is a British businessman. Etihad Chairman Mohammed Ali Al Shorafa thanked Douglas for his efforts: 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. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Tony Douglas (businessman), better known by her family name Tony Douglas (businessman), is a popular British businessman. Stay informed and spot emerging risks and opportunities with independent global reporting, expert Back to Greenliner, and we've also been involved with Boeing on ecoDemonstrator flights. By February, the companys carrier Etihad Airways completed the vaccination of 100% of its on-board crew. his net worth has been growing significantly in 2021-2022. For the carrier's once-daily service to Dublin, you're much more likely to see the Boeing 787-10. Some of the key highlights can be found below.Among other issues, Mr Douglas talked of the importance o: - "Etihad Wellness" in attracting business class sales. Chairman Mohamed Mubarak Fadhel al-Mazrouei said Douglas was "keenly familiar with Etihads challenges and opportunities in a rapidly changing industry. 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). I think, equally, this will force many operators to have to rethink their business model. Big picture first, what's the feel as you see it looking out of your window? 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. It's been holistic and all encompassing and public health, wellbeing has been priority number one by some distance. Im excited to embark on this new role and build on the solid foundation left by Tony and the management team. 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. 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. I mean, you've been very active in the area of SAF, for example, just talk around a bit about what you've done and how you anticipate the volume of SAF being able to increase over this coming decade. I think what that probably signals to everybody is the absolute latent demand. 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. Required fields are marked *. it has hired former Etihad CEO Tony Douglas to . 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. The technical storage or access that is used exclusively for statistical purposes. CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets. 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. Etihad further improved its results and reduces its loss to $-0.87 billion in 2019. He serves as the CEO of Riyadh Air, a Saudi Public Investment Fund subsidiary. Revenue management used to be a heavy degree of science and a sprinkle of art. The new aircraft is currently serving two routes in the US . The . One is the Etihad Greenliner programme, which is a dedicated aircraft, it's a 787 and we operate with a wide number of partners, to use it essentially as a flying test-bed to maximise the performance in-flight and therefore the reduction of emissions, but there are many other initiatives that correspond to improving the overall sustainable performance of commercial aviation. Antony 'Tony' Douglas, 59, has been the CEO of Etihad Airways since 2018. PH: That's very succinctly put, I like that, a nice conclusion to it. Tony Douglas: I think everybody is only too well aware of what an incredible impact the pandemic has had on civil aviation. Etihad CEO Tony Douglas has agreed to join new Saudi airline RIA, Arabian Business understands from industry sources. As opposed to, you may have chosen elsewhere, the airline might have packed you in, there may have been none of the product and or restrictions the Etihad Wellness presents. All Rights Reserved. He is a board member of Abu Dhabi Airports and holds an MBA from the University of Lancaster, U.K. 2023 Forbes Middle East. Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group. ", - SAFs: "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. Douglas - who has been in charge of the UAE national carrier since 2018 - could take the helm later this year. Both airlines have filed for administration this year, and Etihad sold its stake in a third European carrier, Darwin, in July. He has been the CEO of Etihad Airways since January 2018. Sign up for notifications from Insider! articles a month for anyone to read, even non-subscribers. We're doing this for our own personal wellness, for our family and loved ones, for the people that we serve. Abu Dhabi has recruited. 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. I honestly believe Abu Dhabi has been one of the best led places in the world in dealing with this pandemic. 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. The airline group is also looking for a new chief financial officer. organisation PH: Tony, you're predominantly a hub carrier, I presume that's still the case. 6mo. ", - 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. Hogan's departure was announced in January. For cost savings, you can change your plan at any time online in the Settings & Account section. 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. Some of the demonstration flights we've done from here, from Abu Dhabi into Amsterdam and from here, from Abu Dhabi into Brooklyn, we've been able to take at least 40 minutes out of the flight time and reduce the CO2 content by around six tonnes, which when you think about it is incredible, when we're just looking at optimising the way in which we fly. 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. Tony Douglas is a phenomenal celebrity influencer. 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.". AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC. Etihad Airways net worth 103 Million Millions of dollars 99% Net worth score Disclamer: Etihad Airways net worth displayed here are calculated based on a combination social factors. In 2019, Etihad introduced the Boeing 787-9 Greenliner (left in the main picture with Boeings Stan Deal at the 2019 Dubai Airshow), and this year the Airbus A350-1000 Sustainability50, which have tested numerous initiatives to improve in-flight efficiency. Twitter: @rschuur_aero. 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. We had a very strong year of recovery, and I can remember to be honest, at the end of '19, almost thinking naively, what could possibly go wrong? 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.. Network planning is extremely difficult for you obviously with something like this with doors opening and closing, but the other thing that has gone out of the window, is revenue management. Informa Markets, a trading division of Informa PLC. Sources close to Saudi Arabia's Public Investment Fund (PIF) told Arabian Business that Douglas was "no longer involved" with . In line with the countrys, Airbus makes autonomous take-offs a reality, Mitsubishi's SpaceJet more and more on the backburner. As it transformed, so did Etihads ownership. "we were the first airline in the world to be fully vaccinated. Etihad scaled back its ambitions after it spent billions of dollars to ultimately unsuccessfully compete in building a major airport hub in United Arab Emirates capital Abu Dhabi. 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. In his first year 2018, at the helm, Douglas succeeded in cutting the loss to $-1.28 billion. Douglas has spearheaded Etihads stance on building a sustainable aviation sector. Tony Douglas the man who turned around Etihad. This trend has continued in 2022, with Douglas happily reporting that Etihad recordeda $296 million profit and was performing well on all fronts. 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.
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