Etihad CEO issues call to make aviation industry net zero | AGBI I think, equally, this will force many operators to have to rethink their business model. Saudi Arabia's new global airline RIA has approached Etihad's Tony Douglas to be its new CEO, Arabian Business understands. 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. 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%. There's a component here around sustainability as well, and that is I believe the one thing I can confidently predict, hold your breath because here it comes, there will be an end to COVID. . After its ownership was transferred to Abu Dhabi Wealth fund ADQ, UAE flag carrier Etihad Airways appointed Antonoaldo Neves the former chief of TAP Air Portugal as the new group CEO, succeeding Tony Douglas, who took on a new role to head Saudi Arabia's new $30 billion national carrier, RIA, Arabian Business . Neves was CEO and a board member of TAP, Portugal's national carrier, from July 2017 to September 2020, according to his LinkedIn. He will replace long-time CEO, James Hogan. The Big Talk: Etihad Aviation Group CEO, Tony Douglas on recovery Douglas's history in Abu Dhabi "is likely to be significant in providing a sense of trust by the owners," aviation consultant John Strickland told Reuters. 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. Simply log into Settings & Account and select "Cancel" on the right-hand side. This 'Money Pit' Airline Says It's Finally Set Up To - Forbes The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. The error has been corrected, Your email address will not be published. Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group. 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. ", Watch the full interview with Etihad Group CEO Tony Douglas here: Interview with Etihad Group CEO Tony Douglas. 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. Tourism revenue is paramount for the government to reduce the current account deficit to tackle high inflation and interest rates, Daily Sabah newspaper said. He has been the CEO of Etihad Airways since January 2018. Tony Douglas is a phenomenal celebrity influencer. 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. Tony Douglas (businessman), better known by her family name Tony Douglas (businessman), is a popular British businessman. Etihad Airways Appoints Antonoaldo Neves New CEO, Replacing Tony Douglas. We're doing quite a bit at the moment on optimising contrails for example. I think as we come out of the pandemic, of course the big routes will continue to be dominant, in our opinion, I think the hub status of Abu Dhabi, the UAE in general, given the fact that we're six flying hours from two-thirds of the world's population, will continue to be a very significant part of our operating model. What we've put together is a series of programmes. 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. 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. We wouldn't hear it, because of course people used to cough before COVID all the time. From January 2023, he will add a part-time role with Dutch website and magazine Luchtvaartnieuws. All rights reserved. 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.. There's more energy focused now into alternative fuel types, than frankly I can remember in my 30 years within aviation. The technical storage or access that is used exclusively for statistical purposes. It was a plan that we concluded just over two years ago and today we're operational with Air Arabia Abu Dhabi and that's a critical component for us operating here on narrowbody, within the GCC and into Eastern Europe and the Indian subcontinent. Tony Douglas the man who turned around Etihad. 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? According to Etihad Airways CEO Tony Douglas, the Airbus A380 may return to the sky if the global pandemic travel recovers rapidly and exceeds pre-pandemic levels. 0. 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. with lot of social media fan he often posts many personal photos and videos to interact with her huge fan base social media plateform. We support credit card, debit card and PayPal payments. 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. To put it into context, we've already had over 3,000 members of the Etihad family on their third booster. 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. 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. 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. 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. The future of aviation is sustainable | Paid for and posted by Etihad Etihad Airways Group Names Tony Douglas As New CEO - Business Insider 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. The . 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. PH: It's interesting that correlation between health and actually buying up into business class, just to get some space. 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. Etihad walked out, having lost hundreds of millions on Alitalia in just four years. he is one of famous businessman with the age years old group. As it transformed, so did Etihads ownership. Tony Douglas-0929 | Inquirer Business Tony Douglas on reshaping Etihad Airways for sustainable future 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. Douglas, 58, was one of the first global business leaders to be vaccinated when he received his (the Chinese Sinopharm jab) in early January at Etihad's in-house medical centre, a benefit of. He serves as the CEO of Riyadh Air, a Saudi Public Investment Fund subsidiary. tony douglas etihad net worth - tedfund.org 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. Arabian Business reported that RIA is also trying to lure away two other Etihad executives. 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. 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. 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. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. 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. 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. Neves was previously CEO and board member of TAP, the national airline of Portugal, where he led a major turnaround. 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 . Roland Magunia for The National Deena Kamel Please scroll down to see information about Tony Douglas (businessman) Social media profiles. I think there's probably an important balance here to look at the carrot side of it. Also learn about how he is rich at the age of 49 years old? Those are the sorts of things Etihad would never have thought about pre-pandemic. 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. Now, under that umbrella, and really the Greenliner is more of a persona, because we're using it as a call out to SMEs, to universities, quite frankly, 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. Tony Douglass income mostly comes from and basic source is being a successful British businessman. The industry leader for online information for tax, accounting and finance professionals. Etihad continues to invest in the US market with increased flights Some of that's around the use of smarter technology, so machine learning, artificial intelligence. offers FT membership to read for free. Aviation is responsible for around 2.5 percent of global carbon dioxide emissions. It's been holistic and all encompassing and public health, wellbeing has been priority number one by some distance. Thomas Pallini. 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. 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. 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. 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. Back to Greenliner, and we've also been involved with Boeing on ecoDemonstrator flights. Furthermore, Douglas affirms that sustainability will continue to be a key priority . 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. 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. 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. It's not all about big initiatives, it's how one collects all of the small ones to help contribute as well. 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. 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. TD: Yeah, I think, revenue management used to be a heavy degree of science and a sprinkle of art. 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. He is also writing for Airliner World and Aviation News. We thank Tony for all the hard work he has delivered. Economic Development Research Organization. Let's kick off with the big picture stuff. 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. All Rights Reserved. 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. 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. 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). Beginning his career as a civil engineer, Antonoaldo holds a Master of Business Administration degree from the University of Virginia's Darden School of Business and a Master's Degree in Corporate Finance from the IAG Business School at PUC-Rio. And then came the Covid years.
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