Tony Douglass tenure at Etihad Airways has been focused on minimizing losses at the airline. How much is Tony Douglas worth? 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. Etihad Airways Has Finally Announced it's Found a New Douglas previously worked for the British Airport Authority and led the construction of the huge Heathrow Terminal 5 project. 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. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Whether the Etihad Airways Airbus A380 fleet will fly again remains undecided due to brand and sustainability issues imposed by the aircraft, the It made him the best-paid government employee in the UK with a salary that was double the amount the Prime Minister earns. . WebEtihad Airways, however, isn't quite ready to fully close the door on its A380s. Etihad Airways announced in October 2017 that they had appointed Douglas Group Chief Executive Officer with effect from January 2018. The reports from Arabian Business remain unconfirmed by either Etihad or PIF. And before anyone comments " SA is evil, blah blah": Airbus and the Chinese AND the Russians will be lining up to sell to RIA and probably already are. Douglas joined RIA in September 2022. Etihad Etihad Airways' former CEO Tony Douglas has quit his role as CEO of Saudi Arabian airline RIA just two months into his new position. Douglas pointed out that the situation is currently difficult. It is reported that this is the first time in the history of Etihad Airways that the airlines has suspended all passenger operations. He has also held senior positions with airport operator BAA. With an initial launch date of 2024 first pushed back to Q4 2022 and subsequently delayed, RIA will operate out of Riyadh, while current national airline SAUDIA is based out of Jeddah. offers FT membership to read for free. He has also held senior positions with airport operator BAA, and as Chief Operating Officer and Group Chief Executive designate of Laing ORourke. organisation Douglass salary, including a performance bonus, amounts to 530,000 little more than a university chancellor in the U.K. these days. Sources close to Saudi Arabia's Public Investment Fund (PIF) told Arabian Business that Douglas was no longer involved with the airline, but neglected to explain the reason behind the departure. Tony Douglas Former Etihad CEO Has Reportedly Sophie Chatel Net Worth 2023, Age, Husband, Children, Height, Family, Parents, Salary, Mel Arnold Net Worth 2023, Age, Wife, Children, Height, Family, Parents, Salary, Gary Anandasangaree Net Worth 2023, Age, Wife, Children, Height, Family, Parents, Salary. 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. Douglas has been working at the MOD since 2015 in his position as chief executive for Defence Equipment and Support. Report: Saudi Arabias RIA Poaches Etihad CEO Tony Etihad Airways Cabin Crew Requirements Copyright 2023 paddleyourownkanoo.com All Rights Reserved. I just wish the name to be something else than RIA. 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.". Etihad is a force in global aviation that must continue to adapt and evolve on its own and with industry partners, explained Douglas after being announced as the new Group chief executive. [5][6][7], His tenure at Etihad Airways has been focused on minimizing losses at the airline. His first-ever airline job was at Etihad, and his job was to shrink the airline to profitability. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. If you ask me, Tony Douglas has done a great job at Etihad. 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. 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. Etihad in particular has reined in its global ambitions, and Douglas was hired in late 2017 to oversee the carriers recovery from a failed expansion strategy. A number of high-profile cutbacks have drawn ire from frequent flyers in the past year. Etihad Searching For New CEO As Tony Douglas To You have successfully joined our subscriber list. He has been the CEO of Etihad Airways since January 2018. previously, he served as chief executive of Abu Dhabi Airports Etihad 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. Douglas joined British Aerospace in their regional jet production facilities in 1990, became manufacturing and logistics director at Kenwood plc in 1996[1] 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. According to our Database, He has no children. IHG Rewards Premier Business Credit Card Review: Worth Will Americans New York To Doha Route Survive? He has nearly 20 years of experience in transportation, infrastructure and government sectors. Added to that, he may not have wanted to be associated with what could happen in the defense review, said the executive, who spoke on condition of anonymity. 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. He serves as the CEO of Riyadh Air, a Saudi Public Investment Fund subsidiary. 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Toney Douglas Contract, Salary Cap Details He previously served as the CEO of Etihad Airways from January 2018 to October 2022. As reported by Bloomberg yesterday, Etihad has already begun the process of headhunting for the top job. 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. What do you make of Saudi Arabia allegedly recruiting Tony Douglas, and who do you think will be the next CEO of Etihad? 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 We will update Tony Douglas's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. I am personally very grateful for the help and support Tony has provided to me personally. He also previously 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). No spam, just a weekly roundup of the best aviation news that you don't want to miss. The plane will take to the skies on March 31, Tony Douglas, chief executive of Etihad Aviation Group, said at the Bloomberg UAE Capital Markets Forum on Thursday. WebGroup CEO Tony Douglas shares an update on Etihad's continuing efforts: We are going to go absolutely out of our way to make sure that we can reassure you.. | 82 comments on LinkedIn Just a point of correction - Tony Douglas never worked for "British Airports Authority" - that entity ceased to exist in 1986 and Tony joined "BAA plc" (where BAA didn't stand for anything) in 1998. Douglas has also held senior positions with airport operator BAA, and as Chief Operating Officer and Group Chief Executive designate of Laing ORourke. For a full comparison of Standard and Premium Digital, click here. Check if your Advertiser Disclosure: Some links to credit cards and other products on this website will earn an affiliate commission. By Anil Bhoyrul and Matthew Amlot Thu 8 Sep 2022. Where Is Etihad Sending Its Airbus A350-1000s This Month? DE&S did not return Etihad Airways expects the list of travel corridors between countries to grow this summer as the pace of Covid-19 vaccinations accelerates, herd immunity strengthens and rapid testing technology improves, its chief executive said. Etihad Etihad For the carrier's once-daily service to Dublin, you're much more likely to see the Boeing 787-10. We support credit card, debit card and PayPal payments. Defence Secretary Michael Fallon expressed gratitude for Douglas. For cost savings, you can change your plan at any time online in the Settings & Account section. Etihads Tony Douglas: Dont fight the storm | Financial We use cookies to ensure that we give you the best experience on our website. Learn How rich is He in this year and how He spends money?
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