2023 AGBI, part of Link Media Corporation Ltd. TD: Yeah, look, we were, as I said before, the first airline in the world to be fully vaccinated. TD: Yeah, I think, revenue management used to be a heavy degree of science and a sprinkle of art. articles a month for anyone to read, even non-subscribers. The smallest of Abu Dhabi's three main sovereign wealth funds, ADQ has emerged as one of the region's most active dealmakers. His primary source of income is from his working career as a Business executive. He previously served as the CEO of Etihad Airways from January 2018 to October 2022. We had a very strong year of recovery, and I can remember to be honest, at the end of '19, almost thinking naively, what could possibly go wrong? Neves said: Etihad Airways is a global brand in the industry. He has been the CEO of Etihad Airways since January 2018. previously, he served as chief executive of Abu Dhabi Airports Company (2013-2015), and as chief executive of Defence Equipment and Support department in the United Kingdom's Ministry of Defence (2015-2017). 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%. In December 2020, the Abu Dhabi state fund that had owned the airline group since day 1, sold Etihad Engineering, Etihad Airport Services Cargo, Etihad Airport Services Ground, Etihad Aviation Training, Etihad Secure Logistics, and Etihad Technical Training to ADQ, an Abu Dhabi based investment fund and holding company. We did it because we fully anticipated that as the pandemic starts to ease there will be of course, a residual anxiety with the travelling community. Former boss of Portuguese airline TAP named Etihad Aviation Group CEO 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. As part of Etihad Wellness, the airline introduced the Covid-19 global wellness insurance for all its guests See here for a complete list of exchanges and delays. I really enjoyed this and there's some very interesting facts in there. Sign up for notifications from Insider! I think the trick to this is to make sure that one has a blend of propositions that give choice to the marketplace. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Some of the key highlights can be found below. 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. Saudi Arabia's Public Investment Fund (PIF . 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. Many, many years ago, I can remember when it was almost like an annual cycle as part of doing next year's budget or part of the winter season and the summer season. The transformation was much needed to make Etihad profitable. Douglas will join the company in January 2018. Tony Douglas Former Etihad CEO Has Reportedly Already Left Saudi I think we're still number one in the world in terms of vaccination per capita and it reveals itself in the way in which, for all intents and purposes, we're pretty much back to absolutely a normal, but nonetheless controlled from a health point of view, lifestyle. One-on-one at 38,000 feet with Etihad CEO Tony Douglas 0. 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. AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC. 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. If however, we were on the equivalent flight from Abu Dhabi, and the same thing happened, just after take off, I don't think we'd even hear it. 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. It began in 2018 as a holding company for government assets and has been consolidating its portfolio, privatising some assets and making strategic acquisitions to build "national champions". We support credit card, debit card and PayPal payments. TD: Well, we've taken a holistic strategy to what we think is the biggest challenge in aviation and therefore probably the most complex subject to resolve, of which SAF may or may not prove over time to be one of the components. 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. All quotes delayed a minimum of 15 minutes. Thomas Pallini. Top editors give you the stories you want delivered right to your inbox each weekday. On Tuesday it said Abu Dhabi's government has transferred ownership of Etihad Aviation Group to ADQ as part of its efforts to "transform Abu Dhabi into a global aviation hub". Tony Douglas was named the new CEO of Etihad Aviation Group on Thursday. it has hired former Etihad CEO Tony Douglas to . 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. We're using it as a call out to SMEs, to universities, 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. Douglas' decision to quit the ministry, two years after being appointed by then Prime Minister David Cameron to overhaul the running of Europe's largest defense procurement budget, was unexpected. Even pre-pandemic for Etihad every three or four weeks wed do a big deep dive in terms of adjustments to our network. The -born businessman expert is arguably the worlds most influential Tony Douglas (businessman) is expert, with a wide-ranging social media outreach. TD: I'd like to hope there's not, because quite often taxation drives the wrong sort of behaviour. They were optimised, of course, for shorter haul, propeller-powered flight. I think we're probably a generation of thinking at the moment, away from landing that, but the challenge I think for leadership in this space, is to really try and narrate what the direction of travel needs to be.. Tony Douglas Sector: Aviation Company: Etihad Aviation Group Designation: Group CEO Nationality: British Residence: U.A.E In January 2021, Douglas was amongst the first in his company to be vaccinated from COVID-19 as part of the firm's "Protected Together" employee immunization initiative. also know about his Social media accounts i.e. Neves was CEO and a board member of TAP, Portugal's national carrier, from July 2017 to September 2020, according to his LinkedIn. Net zero must be 'at the very top of the agenda,' says Tony Douglas; Etihad is first airline to join Cambridge's Aviation Impact Accelerator; Weve got about 10 seconds left though, in one word, given that background, are you anticipating there will be taxes fairly widespread? Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. or Big picture first, what's the feel as you see it looking out of your window? He is also writing for Airliner World and Aviation News. 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. 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. Enter Tony Douglas, who succeeded Hogan in January 2018. Premium access for businesses and educational institutions. organisation In terms of sustainability, Douglas. I'll perhaps come back to that if I may, in a moment. analyse how our Sites are used. So, how much is Tony Douglas (businessman) networth at the age of years old? Etihad Airways net worth Apr, 2023 - People Ai Abu Dhabi, UAE - Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group, received his first dose of the Sinopharm COVID-19 vaccine today at Etihad Airways Medical Centre. We would know that there couldn't possibly be a function of any transmission from the cabin crew or the flight crew, and I think therefore, back to the whole need for a safer, more assured form of travel going forward is really important and something that Etihad has a huge amount of effort into being able to present.. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. 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. 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. Finally, I think there's a call out for regulators and governments, because there is predictably perhaps, a lot of dialogue around using what I would describe as the stick, ie, more punitive measures around taxation and penalties. 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. I should have known better as a frequent visitor of the UAE. Douglas served as group CEO at Etihad Aviation Group from January 2018 and led the airlines turnaround by optimising costs, streamlining processes and its travel network. In 2022, he has gone full-time freelance. The error has been corrected, Your email address will not be published. It's been holistic and all encompassing and public health, wellbeing has been priority number one by some distance. Live from Hong Kong, bringing you the most important global business and breaking markets news information as it happens. 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 . There will be an end to COVID. 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. Tony Douglas-0929. I think what that probably signals to everybody is the absolute latent demand. Interview with Etihad Group CEO Tony Douglas. by Richard Schuurman | Oct 20, 2022 | Aerospace | 2 comments. Those are the sorts of things Etihad would never have thought about pre-pandemic. I can honestly tell you it's almost a daily dynamic activity now, and the reason of course for that is because travel restrictions change on a very regular basis in countries all around the world. He inherited an airline with a core loss of $-1.6 billion. Enter Tony Douglas, who succeeded Hogan in January 2018. Also learn about how he is rich at the age of 49 years old? The Arab worlds largest economy will see the completion of 315,000 hotel keys by 2030, the consultancy said. The imminent departure of Douglas from Etihad comes at a logical moment. 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. 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. "If the rainmaker who was brought in as an outside businessman is leaving, that is not good news for the MOD," said UK defense analyst Francis Tusa. 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.
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