Always keeping an ear close to the ground, Matt's industry insights, analysis and news coverage is frequently relied upon by some of the biggest names in journalism. Do you see the airline becoming a major player on the global scene in the coming years? Check Out: Ahmed bin Saeed Al Maktoum net worth. 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. Tony Douglass tenure at Etihad Airways has been focused on minimizing losses at the airline. Mateusz Maszczynski honed his skills as an international flight attendant. Tony Douglas is certainly good at pleasing local leaders, but I am not sure if he is the right choice for this job. Is America postured for a fight in the Indo-Pacific? This move will help the airline to cope with the negative impact of the coronavirus pandemic. As reported by Bloomberg yesterday, Etihad has already begun the process of headhunting for the top job. Whether the Etihad Airways Airbus A380 fleet will fly again remains undecided due to brand and sustainability issues imposed by the aircraft, the 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. Douglas has been in charge of Etihad since January 2018. RIA will compete against other Middle East-based airlines known for their luxury, namely Emirates, Etihad Airways, and Qatar Airways. 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. Return Of The Jumbo: UK Boeing 747 Cargo Start-Up One Air Secures Certificate. Etihad Airways' CEO says its Airbus A380s and the CAPA Abu Dhabi, UAE Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group, received his first dose of the Sinopharm COVID-19 vaccine today at Industry sources say Douglas who has been in charge of Etihad since January 2018 is RIAs top choice. He is responding to an unexpected opportunity in the private sector, which he has decided to pursue, and I would not want to stand in his way from taking on that fresh challenge.. 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. The airline reported full-year results for 2020 on March 4. His primary source of income is from his working career as a Business executive. 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. Most (but not all) senior executives in the region are otherwise (realistically) too old to start up this airline, or have too many national ties to a country to work in Saudi Arabia. I wouldnt want to invest in that airline, but I sure did enjoy flying with the airline. Etihad According, German flag carrier Lufthansa is launching its Airbus A380 to Los Angeles International Airport (LAX) and Bangkoks Suvarnabhumi, Commercial Aircraft Corporation of China (COMAC) has announced thata deal has been finalized with HNA Aviation Group for, As more and more United States (US)-based airlines announce their financial results for the first quarter of the, Ex-Etihad CEO Tony Douglas leavesSaudis RIA, Join a community of over 200 thousand subscribers who receive our daily newsletter, How a retired Boeing 737 was transformed into a private luxury villa in Bali, All-female crew simulates Mars trip in Utah, The ACMI business is just going to grow. Pascal Picano, Avia Solutions Group, Turkish evacuation plane hit by bullet fired by paramilitaries, say Sudan army, New Saudi Arabia Airline RIA eyes Etihads Tony Douglas as CEO: report, Saudi Arabia to order 40 A350s for new national airline RIA: Reuters, Saudi Arabia to set up third new global airline alongside RIA, Saudia: report, Man ducks on runway to avoid being struck by landing private plane: video, Southwest Airlines plans to spend $2.3 billion on new 737 MAX aircraft in 2023, Lufthansa adds A380 to LAX, Bangkok routes; commences Bangalore, Hyderabad flights, COMAC receives orders for 60 C919 and 40 ARJ21s from HNA Aviation Group. 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. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. He has also held senior positions with airport operator BAA, and as Chief Operating Officer of Laing ORourke. He became Chief Executive of Defence Equipment and Support in September 2015. Will KSA allow this airline to serve alcohol? and other data for a number of reasons, such as keeping FT Sites reliable and secure, While I have a lot of respect for Douglas, I find him to be a somewhat curious choice for an airline startup thats looking to grow at a pace weve never seen before. Having led the airline through the pandemic - aviation's worst crisis in history - Douglas has now seen the carrier posting its first half-year profit in a very long time. Citing industry sources, the publication reports that Douglas has already informed Etihad shareholders of his decision to leave, and that the airline has instructed consulting firm Korn Ferry to find a replacement. Winners of International Finance Awards 2019 for the EMEA Region Felicitated in Dubai, Mr. Scott Munden CEO of International Smart Card (ISC) at IFM Awards 2019, Mrs. Aye Figen Gardet Deputy General Manager of Gulf Sigorta at IFM Awards 2019, Mr. Johnson Abraham Chief Risk Officer from Phongsavanh Bank at IFM Awards 2019, Mr. Anthony Chin CEO of Maruhan Japan Bank, Lao at IFM Awards 2019, Mr Yogesh Sangle from MoneyGram HongKong at International Finance Awards 2017, Ms Surjawaty Tatang, President Director, PT Bank Ganesha Tbk at IF Awards 2017, Mr. Gregg Downer from Sharjah Asset Management at the International Finance Awards 2017, Mr. Trevor Torzsas CIBC FirstCaribbean, London Stock Exchange IFM 2018, Mr. Jamie Simmonds , CEO & MD, The Access Bank, UK at International Finance Awards 2018, International Finance Awards 2022, Dubai The 10th Edition, Revival of banking sector after COVID era, Crypto payments via social media: The new trend. He is currently single. Toney Douglas Contract, Salary Cap Details A couple of weeks ago there was a report that the airline was looking to poach a particular person to be CEO, and it looks like that was quest was successful. The story was reported by Arabian Business, citing sources close to the matter. Etihad Airways Careers and Employment | Indeed.com Etihad declined to comment, while PIF did not respond to our request for comment. I am personally very grateful for the help and support Tony has provided to me personally. 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 Apumone 2023 All Rights Reserved -DMCA protected. Also, Ive now heard of multiple people who are leaving their established, senior jobs at other airlines, to work at this startup. 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. Etihad Apart from a rumored order of 40 Airbus A350s in October 2022, details of the airline are scarce. . WebMr Douglas, who took the helm at Etihad Aviation Group since January 2018, has decided to pursue an opportunity elsewhere, Abu Dhabi's ADQ said in a statement on Wednesday. Was American Airlines the only profitable US airline in Q1 2023. Douglas previously worked for the British Airport Authority and led the construction of the huge Heathrow Terminal 5 project. No spam, just a weekly roundup of the best aviation news that you don't want to miss. Douglas was educated at Wigan Road Comprehensive School in Ormskirk and started his career as an apprentice toolmaker at General Motors in 1979. Etihad Airways Cabin Crew Salary and Benefits 2020. Southwest Airlines has indicated that it is planning onaround$2.3 billions worth of aircraft capital spending throughout 2023. Abu Dhabis Midfield Terminal was built under Tony Douglas watch, and we have seen what came out of that. How dreadful! Compare Standard and Premium Digital here. 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. Douglas holds a Master of Business Administration (MBA) degree from Lancaster University. Since his appointment as CEO, he has managed to trim the losses by reducing total costs by $416 million to $6.9-billion. 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. , money, salary, income, and assets. Etihad Airways announced in October 2017 that they had appointed Douglas Group Chief Executive Officer with effect from January 2018. CEO Tony Douglas told Insider at the Dubai Airshow in November that it's possible the aircraft will You have successfully joined our subscriber list. It is reported that this is the first time in the history of Etihad Airways that the airlines has suspended all passenger operations. 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. For the carrier's once-daily service to Dublin, you're much more likely to see the Boeing 787-10. Etihad Airways, Group CEO Tony Douglas: "never waste Excerpts and links may be used, provided that full and clear credit is given to paddleyourownkanoo.com with appropriate and specific directions to the original content. Web2018. Etihad Airways could post annual profit for 2022, ahead WebEtihad Airways, however, isn't quite ready to fully close the door on its A380s. His net worth has been growing significantly in 2022-2023. WebToney Douglas contract and salary cap details, contract breakdowns, dead money, and news. Will German purchase of Boeing Chinooks relieve pressure on US Army? You can still enjoy your subscription until the end of your current billing period. 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). Hogan pioneered the failed bid to turn Etihad into the worlds fourth airline alliance, buying minority stakes in a number of underperforming airlines around the world. Mateusz Maszczynski honed his skills as an international flight attendant at the most prominent airline in the Middle East and has been flying throughout the COVID-19 pandemic for a well-known European airline. [9] The reports were neither confirmed nor denied by either Etihad or the Saudi Public Investment Fund (PIF). He was previously the CEO of Abu Dhabi Ports Company between 2013 and 2015. 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. Team Salary Caps; He has also led Abu Dhabi seaport as its chief executive in the past. Tony Douglas is a British businessman. He has also held senior positions with airport operator BAA, and as Chief Operating Officer and Group Chief Executive designate of Laing ORourke. [11], Douglas holds a Master of Business Administration (MBA) degree from Lancaster University. Photo: Etihad. We are delighted to have Tony return to Abu Dhabi to lead Etihad, commented His Excellency AlMazrouei, the chairman of Etihad Aviation Group. 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. We want to reassure (that) afterwards when we all want to get back to our normal lives, we want to travel, Etihad will still be there to make sure its the best possible way that you can enjoy that experience, he said in the video posted on Etihad Airways Twitter channel. WebCEO: Tony Douglas Founded: July 2003 2020 Turnover: $2.7 billion Fleet Size: Flying 18 million passengers annually to over 84 destinations with a fleet of 100+ Airbus and Boeing aircraft. Tony Douglas Former Etihad CEO Has Reportedly Report: Saudi Arabias RIA Poaches Etihad CEO Tony Douglas, Saudi Arabia is planning on launching a new mega-airline, NEOM Airlines: An Outlandish New Saudi Airline, Report: Tony Douglas Departs Saudi Arabias RIA After Two Months, Saudi Arabia Building New Mega-Airport In Riyadh, Please view our advertising policy page for additional details about our partners. We don't have much information about He's past relationship and any previous engaged. or In fact, airlines worldwide are estimated to lose $252 billion in revenue this year because of the pandemic, according to the International Air Transport Association. If Douglas is indeed planning to leave Etihad for RIA, his influence on the airline will stay for many years to come. Etihad Gammell took on the role when longtime CEO, James Hogan was unceremoniously ousted by Etihads leaders. We use cookies to ensure that we give you the best experience on our website. Tony 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. No alcohol (champagne, wine etc) means no mega airline to compete with Emirates or Qatar. DE&S did not return 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. SAUDIA, previously known as Saudi Arabian Airlines, is based in Jeddahs King Abdulaziz International Airport (JED). Advertiser Disclosure: Some links to credit cards and other products on this website will earn an affiliate commission. 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. Off the top of my head I can think of several qualified industry executives who have more experience with this kind of growth, but thats not to say Douglas doesnt know what hes doing. Douglas has not publicly confirmed whether he will be taking the helm at RIA, but Abu Dhabis ADQ investment fund announced on Wednesday that he would be leaving Etihad to pursue an opportunity elsewhere. Etihad Airways Has Finally Announced it's Found a New He has done a great job with controlling costs, and making some difficult decisions. Check if your . He is from British. Douglas went on to be Chief Operating Officer at Laing O'Rourke in August 2007. Cant imagine a dry Emirates. Etihad has a central role in supporting the UAEs position as a global hub of transportation, tourism, commerce, and culture.. 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. Matt is passionate about the aviation industry and has become an expert in passenger experience and human-centric stories. Douglas is the second senior defense official to leave this month. Editorial Disclosure: The editorial content on this page is not provided by any entity mentioned herein. Learn how your comment data is processed. He will be missed, but his legacy of turning around a struggling airline will persist for a long time to come. As Etihad looks to develop a new strategy, it has cut ties and funding with two of its failed investments Alitalia, which is still trying to find a new investor and airberlin, which is likely to be sold in parts to Germanys Lufthansa and Britains low-cost airline, easyJet.