tony douglas salary etihad

Journalist - With 10 years of experience as a travel writer and aviation analyst, Luke has worked with industry-leaders including Skyscanner, KLM and HotelsCombined throughout his career. While the airline hasnt formally confirmed that Douglas has resigned, it seems pretty obvious at this point. Tony Douglass salary per month with Etihad Airways could post annual profit for 2022, ahead 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. Industry sources say Douglas who has been in charge of Etihad since January 2018 is RIAs top choice. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Saudia will stay the "religious travel/hajj" airline for the country based in Jeddah. 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. Photo: Etihad. Up until recently I wondered how serious the whole RIA concept was. 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 Photo: Airbus. 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. 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. 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He has also had plenty of experience working in the Middle East with senior positions in Abu Dhabi. Where Is Etihad Sending Its Airbus A350-1000s This Month? Since his appointment as CEO, he has managed to trim the losses by reducing total costs by $416-million to $6.9-billion. 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. Tony Douglas, Etihad's Group Chief Executive Officer, journalists in 50+ countries covering politics, business, innovation, trends and more. I am personally very grateful for the help and support Tony has provided to me personally. He has been the CEO of Etihad Airways since January 2018. Whether the Etihad Airways Airbus A380 fleet will fly again remains undecided due to brand and sustainability issues imposed by the aircraft, the Team Salary Caps; Etihad Airways announced in October 2017 that they had appointed Douglas Group Chief Executive Officer with effect from January 2018. Save my name, email, and website in this browser for the next time I comment. Gain a global perspective on the US and go beyond with curated news and analysis from 600 Douglas will be taking over from Ray Gammell, Etihads head of Human Resources who has been in the role of interim Group chief executive since May. Web2018. If Douglas is indeed planning to leave Etihad for RIA, his influence on the airline will stay for many years to come. Abu Dhabis Sovereign Wealth Fund Takes Control of Etihad Airways and CEO Tony Douglas Confirms He is Leaving Airline by Mateusz Maszczynski. His absence from most of the recent DSEI exhibition [in London] was surprising given the importance of the event to the MoD and the defense industry, she said. Check Out: Tim Clark of Emir ate net worth. 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. Southwest Airlines has indicated that it is planning onaround$2.3 billions worth of aircraft capital spending throughout 2023. analyse how our Sites are used. 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. 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. 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). He will be missed, but his legacy of turning around a struggling airline will persist for a long time to come. The MoD only recently agreed to spending plans for the financial year 2017/2018, which began in April. A number of high-profile cutbacks have drawn ire from frequent flyers in the past year. organisation 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. 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. It is unclear what is holding up the airline, but its extremely ambitious and rapid growth could be playing a part. Will the newest CEO keep that vision going, or will the airline find a happy medium? 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. 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. 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. 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. university Saudi Arabias mega-airline startup has allegedly poached Etihad Airways CEO Tony Douglas to start up the airline. We have estimated "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. He became Chief Executive of Defence Equipment and Support in September 2015. Based in the United Kingdom, Tony Douglas left Etihad to lead Saudi Arabian startup RIA, 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, Predecessor To Today's Giants: The Story Of Malayan Airways. Etihad As mentioned above, Etihad has gone from a CEO who lit money on fire, to one who ran the airline in a very disciplined way. 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 [11], Douglas holds a Master of Business Administration (MBA) degree from Lancaster University. Riyadh Air News: CEO Is Tony Douglas, ex-Etihad Boss He became Chief Executive of Defence Equipment and Support in September 2015. Apart from a rumored order of 40 Airbus A350s in October 2022, details of the airline are scarce. The new chief executive doesnt have any prior experience working at an airline but does come with years of experience in the aviation industry. Tony Douglas's net worth Projections are that it will have a fully profitable year - no mean feat given the high costs of aviation fuel across the industry at present. Language links are at the top of the page across from the title. 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. 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 primary source of income is from his working career as a Business executive.

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