He became Chief Executive of Defence Equipment and Support in September 2015. An airline the size of Emirates? Etihad The airline reported full-year results for 2020 on March 4. Etihad Airways could post annual profit for 2022, ahead At 60 years old, Tony Douglas height not available right now. There will be annoyance that hes gone because of the disruption and distraction this will cause, but it did not seem that there was much love lost on the parts of industry and senior MoD officials, she added. He has also held senior positions with airport operator BAA. How dreadful! Simply log into Settings & Account and select "Cancel" on the right-hand side. analyse how our Sites are used. As a passionate traveler based across the Middle East and East Asia, Luke offers strong insights into the travel and aviation industry. Advertiser Disclosure: Some links to credit cards and other products on this website will earn an affiliate commission. Tony Douglas, the current Chief Executive Officer (CEO) of Riyadh International Airlines (RIA) and the former CEO of Etihad Airways, has reportedly parted ways with RIA after just a few months into the position. Etihad has a central role in supporting the UAEs position as a global hub of transportation, tourism, commerce, and culture.. No spam, just a weekly roundup of the best aviation news that you don't want to miss. Etihad Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. 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. Selfishly I hope that Etihad finds someone who is an A380 fan, so that those beautiful Etihad A380s can make a comeback. In all, Saudi Arabia plans to invest some $100 billion into aviation, some of which will be swallowed up by these new airlines, while money will also be spent on improving facilities such as air traffic control, and investing in new technologies such as eVTOLs. His net worth has been growing significantly in 2022-2023. Would be a big win to nab a future giant customer, would also help our trade imbalance with SA, and would help smooth over political tensions. His first-ever airline job was at Etihad, and his job was to shrink the airline to profitability. Sign In; Register; NEWS; PODCASTS; NFL. [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, 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. 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. He was previously the CEO of Abu Dhabi Ports Company between 2013 and 2015. Etihad It looks like he was made a job offer he couldnt refuse, but his going might have been made easier by the fact he appears to have had a difficult relationship with the MoDs permanent secretary. The MoD only recently agreed to spending plans for the financial year 2017/2018, which began in April. Read about Tony Douglas net worth, age, wife, children, height, family, parents, Etihad Airways, salary, businesses, assets as well as other information you need to know. Boeing needs a new cash paying customer, just like this. 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If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. [5][6][7], His tenure at Etihad Airways has been focused on minimizing losses at the airline. Douglass salary, including a performance bonus, amounts to 530,000 little more than a university chancellor in the U.K. these days. Douglas will allegedly stay on at Etihad until the end of the year, so that theres time for a replacement to be found. No alcohol (champagne, wine etc) means no mega airline to compete with Emirates or Qatar. 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. Please view our advertising policy page for additional details about our partners. Copyright 2023 paddleyourownkanoo.com All Rights Reserved. Etihad Etihad For cost savings, you can change your plan at any time online in the Settings & Account section. 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. Etihad Airways Has Finally Announced it's Found a New We use Discover more aviation news with Simple Flying. 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. Etihad Up until recently I wondered how serious the whole RIA concept was. Report: Saudi Arabias RIA Poaches Etihad CEO Tony What do you make of Saudi Arabia allegedly recruiting Tony Douglas, and who do you think will be the next CEO of Etihad? 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. Etihad Airways, the Abu Dhabi-based UAE airline, previously had announced plans to suspend all flights to and from the capital for two weeks. He has been the CEO of Etihad Airways since January 2018. and other data for a number of reasons, such as keeping FT Sites reliable and secure, , money, salary, income, and assets. However, one executive said that may not entirely explain his departure. We support credit card, debit card and PayPal payments. Bankrolled by the mega Public Investment Fund (PIF), one of the largest sovereign wealth funds in the world, RIA is just one element of Saudi Arabia's massive push on aviation and tourism. Etihad Was American Airlines the only profitable US airline in Q1 2023. 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It's a smart move by MbS, and Douglas gets the Benefit having seen the missteps of Emirates, QA, his own predecessor, in creating RIA from ground up, clean slate. Douglas has worked to undo all of that, and shrink the airline to profitability. Stay connected with the latest travel, aviation, and credit card news. IHG Rewards Premier Business Credit Card Review: Worth Will Americans New York To Doha Route Survive? For the carrier's once-daily service to Dublin, you're much more likely to see the Boeing 787-10. Arabian Business is reporting that Saudi Arabias Public Investment Fund (PIF) has approached Etihad Airways CEO Tony Douglas to be CEO of Saudi Arabian airline startup RIA, and that he has accepted the role. It is further noted that other Etihad senior executives could be tempted to leave alongside Douglas. Check Out: Ahmed bin Saeed Al Maktoum net worth. Tony Douglass income source is mostly from being a successful . 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. 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. Compare pay for popular 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. 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 and Chief Executive of Abu Dhabi Airports Company. It has also been rumored that another carrier will be set up in the country, namely in Neom, a planned smart city in northwestern Saudi Arabia. Since the Saudi Arabia Public Investment Fund has been happy to throw around gobs of money to poach golfers away from the PGA Tour, I have to imagine that Douglas will have all the resources he could possibly need to get RIA off the ground. Defence Secretary Michael Fallon expressed gratitude for Douglas. WebEtihad Airways Careers and Employment About the company CEO Tony Douglas 76% approve of Tony Douglas's performance Company size more than 10,000 Revenue Etihad Airways' former CEO Tony Douglas has quit his role as CEO of Saudi Arabian airline RIA just two months into his new position. Travel demand is going off Riyadh Air News: CEO Is Tony Douglas, ex-Etihad Boss Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Gammell has previously spoken of the challenges facing Etihad and the need for the airline to carry out a programme of cost reductions in order to better compete with competitors. We use cookies to ensure that we give you the best experience on our website. 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.". 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. Douglas has been with Etihad since 2018, and has been instrumental in turning around the fortunes of the airline. Etihad Airways Cabin Crew Requirements Photo: Airbus. He is currently single. It made him the best-paid government employee in the UK with a salary that was double the amount the Prime Minister earns.
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