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.. Whilst there's not as many business people travelling with Etihad at the moment, what we've seen is a significant trade off of the percentage of tickets sold into business class. 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. 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. Because without this, I think there's no one part of the manufacturers, the commercial airlines themselves, and many other parts of the industry that support this, can find a single solution. Centred on the theme Working Towards Net Zero, this years Arabian Travel Market (ATM) on May 1 to May 4 is expected to draw in 34,000 attendees [], The total development cost for all the hotel rooms planned in Saudi Arabia is estimated at $37.8 billion, according to property consultancy Knight Frank. Keep abreast of significant corporate, financial and political developments around the world. NASA, the North American Space Agency, people would probably be thinking, why would they be working with NASA? Today we find it's a heavy degree of art and a little bit of science. 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. 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. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. At the gala event in New York last night, Tony Douglas, Etihad Airways Group Chief Executive Officer, . Sustainable aviation fuels are in excess of two and a half times more expensive than conventional aviation fuels at the moment. 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. commentary and analysis you can trust. 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 . Neves was previously CEO and board member of TAP, the national airline of Portugal, where he led a major turnaround. 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. 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. 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. Under Hogan, the carrier had expanded quickly in size and costly partnerships. 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. Let's kick off with the big picture stuff. tony douglas etihad net worthmoving to ontario from another province health card. "we were the first airline in the world to be fully vaccinated. To put it into contrast, 2019, we handled over 70-million passengers with Etihad. 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. Etihad will continue to serve Abu Dhabi as the national airline of the UAE, delivering world class services and exceeding global benchmarks in the near future.. What we've put together is a series of programmes. Back to Greenliner, and we've also been involved with Boeing on ecoDemonstrator flights. Etihad entered 2022 with a record breaking first-half operating profit of $296 million. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. He has also held senior positions with airport operator BAA, and as Chief Operating Officer and Group Chief Executive designate of Laing ORourke. (Etihad). I think the trick to this is to make sure that one has a blend of propositions that give choice to the marketplace. 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? The imminent departure of Douglas from Etihad comes at a logical moment. That probably leads us into why we thought Etihad Wellness was so important when we originally introduced it in the middle of last year. For cost savings, you can change your plan at any time online in the Settings & Account section. Both airlines have filed for administration this year, and Etihad sold its stake in a third European carrier, Darwin, in July. organisation It probably of course will continue to have a massive impact for the foreseeable future. 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. Born on in Unknown, Tony Douglas (businessman) started his career as businessman . 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. TD: Yeah, look, we were, as I said before, the first airline in the world to be fully vaccinated. DUBAI, Oct 19 (Reuters) - Abu Dhabi state carrier Etihad's parent company has appointed Antonoaldo Neves as its new chief executive officer, replacing Tony Douglas, after the emirate's government transferred Etihad's ownership to wealth fund ADQ, ADQ said on Wednesday. Because I guess our opinion, very similar, I would imagine to many others, is there's no silver bullet for this one, there is no obvious single subject that will provide a solution, and it's going to be the combination and the sum of many different parts, many of which will be small, some of them will give us some decent sized steps. Where do you start? At the end of 2019 I remember almost thinking naively what could possibly go wrong?. cookies Khaleej Times met with the Etihad CEO, Tony Douglas on board the maiden A350-1000 flight form Abu Dhabi to London Heathrow. Here we are updating just estimated networth of Tony Douglas (businessman) salary, income and assets. and other data for a number of reasons, such as keeping FT Sites reliable and secure, In his first year 2018, at the helm, Douglas succeeded in cutting the loss to $-1.28 billion. Thomas Pallini. The major improvement in 2019 demonstrates were clearly on the right track, he said in the earnings release. In particular, is you find it's one part of the world that will do it and many other parts don't. 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. We think as part of a roadmap, directionally, it gives us a huge amount of confidence that there's more energy focused now into alternative fuel types, than frankly I can remember in my 30 years within aviation one way or the other. REUTERS/Christopher Pike/File Photo. ", - 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, 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. I think in many ways, the faster that vaccines can be rolled out globally, will see us return more quickly back to normality. 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 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. He has been the CEO of Etihad Airways since January 2018. . Douglas - who has been in charge of the UAE national carrier since 2018 - could take the helm later this year. 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. 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. We thank Tony for all the hard work he has delivered.. 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. The -born businessman expert is arguably the worlds most influential Tony Douglas (businessman) is expert, with a wide-ranging social media outreach. 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 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. Stay up to date with what you want to know. PH: I'm right with you on that. 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. I should have known better as a frequent visitor of the UAE. Im excited to embark on this new role and build on the solid foundation left by Tony and the management team. also know about his Social media accounts i.e. The majority of this website will not function as intended without JavaScript enabled. I think, as you rightly say today we find it's a heavy degree of art and a little bit of science. 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 . The new aircraft is currently serving two routes in the US . Industry sources say Douglas - who has been in charge of Etihad since January 2018 - is RIA's "top choice". Furthermore, Douglas affirms that sustainability will continue to be a key priority . 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. Required fields are marked *. 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. PH: I think that's obviously a really good message, and a really good strategy, which you have to be taking. 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. It's clearly part of a solution to a terrible pandemic and it's also part of the way of breaking the cycle, by giving the people the confidence on the way in which they're served when they're onboard, when they're with Etihad, introduces no risk to their personal wellbeing. That probably leads us into why we thought Etihad Wellness was so important when we originally introduced it in the middle of last year. Some of the demonstration flights we've been able to take at least 40 minutes out of the flight time and reduce the CO2 content by around six tonnes. That said, given the fact that I'd like to think that Etihad's a very agile business and we were already well on the way through our transformation journey, what we've tried to do is capitalise on the old clich of never waste a good crisis. Those are the sorts of things Etihad would never have thought about pre-pandemic. 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. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Sign up for our Middle East newsletter and follow us @middleeast fornews on the region. Check if your 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. Discover Tony Douglas (businessman)s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How much net worth Tony Douglas is in this year and how he spend his expenses? Etihad Airways' CEO says its Airbus A380s and the $20,000 luxury apartments onboard might fly again but only temporarily. Etihad is a UAE company which uses the UAE currency (Dirhams AED). Hogan's departure was announced in January. The IMF reached a staff-level agreement with Lebanon in April 2022 for a $3 billion loan programme to tackle its financial crisis.
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