Etihad Airways Has Finally Announced it's Found a New analyse how our Sites are used. Douglas has been CEO of Etihad since early 2018. Douglas has worked to undo all of that, and shrink the airline to profitability. Thats the first thing I thought about when I saw this new airlines name. Its not surprising to see that he accepted the Etihad Airways has today announced the appointment of a new Group chief executive Tony Douglas, the 54-year-old British executive will join the Abu Dhabi-based airline in January after being poached by the aviation group from his current role at the UKs Ministry of Defence (MOD). Industry sources say Douglas who has been in charge of Etihad since January 2018 is RIAs top choice. journalists in 50+ countries covering politics, business, innovation, trends and more. Early in September, the governments defense and security export boss, Stephen Phipson, announced he was joining the engineering employers organization, the EEF, as CEO. He has been the CEO of Etihad Airways since January 2018. Peter Luff, the ex-Conservative government defense procurement minister, said it might take some time to recruit a replacement for Douglas if the appointment is made from the commercial sector rather than internally. Compare Standard and Premium Digital here. Etihad It had been reported a couple of weeks ago that new Saudi Arabian startup RIA wanted to headhunt Douglas for the top job, it seems the hunt has been fruitful. Report: Saudi Arabias RIA Poaches Etihad CEO Tony Douglas, Saudi Arabia is planning on launching a new mega-airline, NEOM Airlines: An Outlandish New Saudi Airline, Report: Tony Douglas Departs Saudi Arabias RIA After Two Months, Saudi Arabia Building New Mega-Airport In Riyadh, Please view our advertising policy page for additional details about our partners. How much is Tony Douglas worth? "Ex O'Rourke boss Tony Douglas takes Abu Dhabi job", "Tony Douglas appointed Chief Executive Officer of Etihad Aviation Group", "Tony Douglas, Etihad Airways: Profile and Biography", "Abu Dhabi airline Etihad gets new CEO after wealth fund ADQ's takeover", "Plane talking: Etihad boss Tony Douglas", "Breaking News: Etihad's Tony Douglas to head Saudi Arabia's new airline RIA", "Etihad Searching For New CEO As Tony Douglas To Lead Saudi Arabian Startup RIA", "HRH Crown Prince Announces "Riyadh Air" New National Carrier to Further Expand Saudi Aviation Ecosystem Locally and Globally", "Former Real Madrid footballer among those issued expat UAE passports", https://en.wikipedia.org/w/index.php?title=Tony_Douglas_(businessman)&oldid=1151008182, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 21 April 2023, at 10:20. His net worth has been growing significantly in 2022-2023. The British government picked Douglas to rescue what has been described as a botched reform programme which saw 22,000 soldiers axed from the armed services. Last year, the speculation intensified when Etihad found itself with $4.7 billion in losses over three years, largely due to failed investments in other airlines and competition from rivals. [5][6][7], His tenure at Etihad Airways has been focused on minimizing losses at the airline. While the airline hasnt formally confirmed that Douglas has resigned, it seems pretty obvious at this point. Stay connected with the latest travel, aviation, and credit card news. Return Of The Jumbo: UK Boeing 747 Cargo Start-Up One Air Secures Certificate. While I have a lot of respect for Douglas, I find him to be a somewhat curious choice for an airline startup thats looking to grow at a pace weve never seen before. Abu Dhabis Midfield Terminal was built under Tony Douglas watch, and we have seen what came out of that. Winners of International Finance Awards 2019 for the EMEA Region Felicitated in Dubai, Mr. Scott Munden CEO of International Smart Card (ISC) at IFM Awards 2019, Mrs. Aye Figen Gardet Deputy General Manager of Gulf Sigorta at IFM Awards 2019, Mr. Johnson Abraham Chief Risk Officer from Phongsavanh Bank at IFM Awards 2019, Mr. Anthony Chin CEO of Maruhan Japan Bank, Lao at IFM Awards 2019, Mr Yogesh Sangle from MoneyGram HongKong at International Finance Awards 2017, Ms Surjawaty Tatang, President Director, PT Bank Ganesha Tbk at IF Awards 2017, Mr. Gregg Downer from Sharjah Asset Management at the International Finance Awards 2017, Mr. Trevor Torzsas CIBC FirstCaribbean, London Stock Exchange IFM 2018, Mr. Jamie Simmonds , CEO & MD, The Access Bank, UK at International Finance Awards 2018, International Finance Awards 2022, Dubai The 10th Edition, Revival of banking sector after COVID era, Crypto payments via social media: The new trend. The new airlines are planned to occupy different niches from each other, and won't compete directly with Saudia. Tony Douglas joined British Aerospace in their regional jet production facilities in 1990, became manufacturing and logistics director at Kenwood plc in 1996 and then joined BAA plc in 1998 becoming Group Supply Chain Director, then Group Technical Director, then Managing Director of Heathrow Terminal 5 and finally Chief Executive of Heathrow Airport. Douglas previously worked for the British Airport Authority and led the construction of the huge Heathrow Terminal 5 project. DE&S did not return WebCEO: Tony Douglas Founded: July 2003 2020 Turnover: $2.7 billion Fleet Size: Flying 18 million passengers annually to over 84 destinations with a fleet of 100+ Airbus and Boeing aircraft. He is not dating anyone. Having led the airline through the pandemic - aviation's worst crisis in history - Douglas has now seen the carrier posting its first half-year profit in a very long time. He became Chief Executive of Defence Equipment and Support in September 2015. As Simple Flying reported in September, Tony Douglas left Etihad to lead Saudi Arabian startup RIA, which holds ambitious plans to rival the big three in the Middle East - Emirates, Etihad Airways, and Qatar Airways. It also wants to bring some 300 million tourists to the country per year - an increase of around six times from 2019's tourism numbers. Douglas will allegedly stay on at Etihad until the end of the year, so that theres time for a replacement to be found. We are delighted to have Tony return to Abu Dhabi to lead Etihad, commented His Excellency AlMazrouei, the chairman of Etihad Aviation Group. Providing commentary for outlets including the BBC, CNBC, Reuters Thomson, and others, she works closely with IATA, AviaDev, and various airlines and suppliers to get the inside track on the global marketplace. Copyright 2023 paddleyourownkanoo.com All Rights Reserved. Since his appointment as CEO, he has managed to trim the losses by reducing total costs by $416-million to $6.9-billion. 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 Im also curious to see who is appointed as the next CEO of Etihad. The reports from Arabian Business remain unconfirmed by either Etihad or PIF. Douglas joined DE&S in September 2015 with the remit to push through a transformation program aimed at making the organization more effective and efficient. Premium access for businesses and educational institutions. Your feedback is important in helping us keep our community safe. [12], In 2022, Tony and his Emirates Airlines counterpart applied for UAE natonality and was granted it.[13]. We use cookies to ensure that we give you the best experience on our website. Etihad Cabin Crew Recruitment Step by Step Process 2021. As Etihad looks to develop a new strategy, it has cut ties and funding with two of its failed investments Alitalia, which is still trying to find a new investor and airberlin, which is likely to be sold in parts to Germanys Lufthansa and Britains low-cost airline, easyJet. Douglas has been working at the MOD since 2015 in his position as chief executive for Defence Equipment and Support. Etihad Airways announced in October 2017 that they had appointed Douglas Group Chief Executive Officer with effect from January 2018. Douglas left his role as CEO at Etihad after over four years at the helm and is credited with implementing successful cost-cutting strategies to reduce the airline's huge losses. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. Tony Douglas, the chief executive at the Defence Equipment and Support organization, is set to stand down at the end of this year, with an internal interim appointment expected while a successor is sought. Etihad Airways cuts staff and executives salaries up to 50% Photo: Etihad Airways, the establishment of a leasing firm it calls AviLease, third airline to serve the planned mega city of Neom, Saudi Arabia plans to invest some $100 billion into aviation, posting its first half-year profit in a very long time, 3 Passengers Escorted Off Jetstar Flight Following Violent Encounter, 1st Asia Route: WestJet Begins Calgary To Tokyo Boeing 787 Flights, Eithad Airways Unveils New Boeing 787 Dreamliner Seats, Korean Air Unveils Special Boeing 777 Dedicated to Employees, Why Boeing Has Winglets And Airbus Has Sharklets, Qatar Airways Chief Welcomes New Saudi Carrier Riyadh Air. Douglas has also held senior positions with airport operator BAA, and as Chief Operating Officer and Group Chief Executive designate of Laing ORourke. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Tony Douglas was born on 1963 in British, is a British businessman. Your Complete Guide, The Qatar Airways Cheat Sheet for the Cabin Crew Open Day & Assessment Day, flydubai Cabin Crew Recruitment Step-by-Step Process 2020, Norwegian Air Shuttle Cabin Crew Recruitment Step by Step Process 2020, Norwegian Air Shuttle Salary and Benefits 2020, Virgin Atlantic Cabin Crew Recruitment Step by Step Process 2020, Virgin Atlantic Cabin Crew Salary and Benefits 2020, Biden Administration Retains COVID-19 Vaccination Requirements For International Travel But Slightly Eases Rules, Alaska Airlines Ordered to Scrap Male and Female Uniforms in Major Win For Non-Binary Flight Attendant, Lufthansa Sees Customer Satisfaction Scores Plummet as Post Pandemiuc Cost Cutting Focus Continues, Practice Tests for the Most Popular Cabin Crew Entrance Exams Used by International Airlines, Why the Woman Dragged Off A Southwest Airlines Flight Cant Be Compared With the Infamous Dr David Dao Dragging Incident. . Etihad Airways Cabin Crew Salary and Benefits 2020. Not sure that the name brings good connotations. However, now it seems that Etihad Airways is forced to temporarily cut the basic salaries of all staff and executives to between 25 percent and 50 percent to sustain business and cope with the pandemic. Always keeping an ear close to the ground, Matt's industry insights, analysis and news coverage is frequently relied upon by some of the biggest names in journalism. 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[3] After that he became Chief Executive of the Abu Dhabi Ports Company (in which role he led the Khalifa Port and Industrial Zone project) in June 2010[4] and Chief Executive of Abu Dhabi Airports Company in 2013. Tony Douglas is a British businessman. Gain a global perspective on the US and go beyond with curated news and analysis from 600 How renewable energy is empowering women in rural Africa? Prior to appointing a CEO, a source at the airline told Arabian Business that "whoever takes this job will have to deliver the most ambitious targets you can imagine.". Explaining the importance of Etihad for Abu Dhabis economic future, Douglas continued: It is an economic and employment engine for the UAE and the region. Serving as the CEO of Etihad Airways since 2018, the executive oversaw the carriers attempts to become profitable once again, something it had failed to do between 2015 and H1 2022. Will the airline's launch be further delayed by this setback? If you continue to use this site we will assume that you are happy with it. RIA has yet to commence operations after committing to an end-of-2022 launch - the new carrier is a key part of Saudi Arabia's 'Vision 2030' and has its eye on scores of new aircraft, including a deal for 40 Airbus A350s and options for 40 more through sister airline SAUDIA. Tony Douglas net worth is estimated at around $12 million. Media reports have put the budget over commitment at anywhere between 10 billion and 30 billion over the life of the MoDs 10-year, 178 billion equipment plan. As chief executive at Abu Dhabi airport, Douglas managed the early stages of the Midfield terminal project what will become Abu Dhabis brand new airport in the next few years. Tony Douglas: the jurys out on Etihad Airways Airbus , money, salary, income, and assets. Bloomberg is reporting that Etihad Airways has now reached out to a number of current and former airline CEOs, in a quest to replace Douglas. He continued: He is also deeply knowledgeable about commercial aviation and keenly familiar with Etihads challenges and opportunities in a rapidly changing industry.. Tony Douglass salary per month with other career earnings is over $1 million dollars annually. Etihad Airways could post annual profit for 2022, ahead Etihad Airways turned profitable in the first quarter, according to chief executive officer Tony Douglas, who said its possible the Gulf carrier can post positive Southwest Airlines has indicated that it is planning onaround$2.3 billions worth of aircraft capital spending throughout 2023. While we do try to list all the best miles and points deals, the site does not include all card companies or credit card offers available in the marketplace. The British government picked Douglas to rescue what has been described as a botched reform programme which saw 22,000 soldiers axed from the armed A big leadership vacuum will be unhelpful when the programs are supposed to be operating to a right timescale, she said. You have successfully joined our subscriber list. This was symptomatic of his wider lack of engagement with the industry and key stakeholders., Despite that, the consultant said the departure of the DE&S boss could cause disruption at a time when the MoD needs to focus on program delivery like that of aircraft carriers, the Mechanised Infantry Vehicle, and the Type 26 and Type 31e frigates. Etihad WebToney Douglas contract and salary cap details, contract breakdowns, dead money, and news. UK defense procurement chief to resign for job in Abu Douglas is the second senior defense official to leave this month. Riyadh Air News: CEO Is Tony Douglas, ex-Etihad Boss His first-ever airline job was at Etihad, and his job was to shrink the airline to profitability. Etihad Airways announced in October 2017 that they had appointed Douglas Group Chief Executive Officer with effect from January 2018. It is being formed as part of Saudi Arabia's Vision 2030 tourism plan, which aims to increase the number of air routes connecting the country from the current 100 or so up to about 250. Your email address will not be published. This move will help the airline to cope with the negative impact of the coronavirus pandemic. So it will be interesting to see how he does growing an airline from scratch, balancing costs with luxury, forming a frequent flyer program, establishing partnerships, etc. . Compare pay for popular Andrew Chuter is the United Kingdom correspondent for Defense News. [9] The reports were neither confirmed nor denied by either Etihad or the Saudi Public Investment Fund (PIF). As Etihad goes through its own massive reform programme, airline bosses will be hoping Douglas is the man to make it happen. His primary source of income is from his working career as a Business executive. Also in terms of achievements and capability as a leader , there is a reason why Sir Tim Clark is Sir and Tony Douglas is not, RIA is a new Saudi Arabia startup, aiming to become the Emirates of Saudi Arabia, connecting the globe just like its Dubai neighbor began doing back in the mid-1980s. For the carrier's once-daily service to Dublin, you're much more likely to see the Boeing 787-10. DE&S did not return telephone calls seeking comment. Etihad appears to be in the market for a new airline CEO, as reports suggest current boss Tony Douglas is leaving the airline. RIA will compete against other Middle East-based airlines known for their luxury, namely Emirates, Etihad Airways, and Qatar Airways. For a full comparison of Standard and Premium Digital, click here. I am personally very grateful for the help and support Tony has provided to me personally. Now, let me be clear I far preferred the 2014 Etihad that flew A380s, had The Residence, and spent millions of dollars to have Nicole Kidman in ads. Managing Editor - Joanna has worked in publishing for more than a decade and is fast becoming a go-to source for commercial aviation analysis. I had thought the CEO of AeroFlot would have been calling MbS non-stop to give him a compelling reason to flee VLAD without being pushed out a window. Please view our advertising policy page for additional details about our partners. The story was reported by Arabian Business, citing sources close to the matter. He has done a great job with controlling costs, and making some difficult decisions. For cost savings, you can change your plan at any time online in the Settings & Account section. Spearheading the ambitious turnaround plan for Etihad, he has led it through its trickiest years, optimizing the fleet, the operations, the staffing and the systems to put it in a good position for the future. We use The outlet said that at least three senior aviation figures have been approached by a head-hunting firm, although no specific names were mentioned and no employment contracts have been offered. How dreadful! See more about our ethics policies here. Boeing needs a new cash paying customer, just like this. Learn How rich is He in this year and how He spends money? Etihad Airways Careers and Employment | Indeed.com We recently learned about how Saudi Arabia is planning on launching a new mega-airline, which may be named RIA. The country is looking to invest $30 billion in the airline, and essentially create an airline the size of Emirates, only much faster. What do you make of Saudi Arabia allegedly recruiting Tony Douglas, and who do you think will be the next CEO of Etihad? Discover more aviation news with Simple Flying. I had thought the CEO of AeroFlot would have been calling MbS non-stop to give him a compelling reason to flee VLAD without being pushed out a window. He has also held senior positions with airport operator BAA, and as Chief Operating Officer of Laing ORourke. Also, it will face a negative impact on business operations. Language links are at the top of the page across from the title. Tony Douglas Former Etihad CEO Has Reportedly Money Minute, What's next for experimental AI projects in the C4ISR sphere. Watch the full interview with Etihad Group CEO Tony Douglas here: Interview with Etihad Group CEO Tony Douglas Want More Analysis Like This? He has also held senior positions with airport operator BAA. Gammell took on the role when longtime CEO, James Hogan was unceremoniously ousted by Etihads leaders. "Etihads previous CEO lit billions of dollars on fire, wanting to grow the airline into a mega-carrier that competed with Emirates and Qatar Airways". Published Sep 23, 2022. The new chief executive doesnt have any prior experience working at an airline but does come with years of experience in the aviation industry. Most helpful comments ( as chosen by the OMAAT community ). The nation recently announced the establishment of a leasing firm it calls AviLease, as well as a third airline to serve the planned mega city of Neom. In fact, airlines worldwide are estimated to lose $252 billion in revenue this year because of the pandemic, according to the International Air Transport Association. He is from British. Would a dynamic, luxurious airline wish to be associated with one like that? Hogan pioneered the failed bid to turn Etihad into the worlds fourth airline alliance, buying minority stakes in a number of underperforming airlines around the world. If you ask me, Tony Douglas has done a great job at Etihad. CEO Tony Douglas told Insider at the Dubai Airshow in November that it's possible the aircraft will He has been the CEO of Etihad Airways since January 2018. previously, he served as chief executive of Abu Dhabi Airports Company (20132015), and as chief executive of Defence Equipment and Support department in the United Kingdom's Ministry of Defence (20152017). Etihad 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. Based in the United Kingdom, Tony Douglas has been in the top job at Etihad since 2018.
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