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). 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. Discover today's celebrity birthdays and explore famous people who share your birthday. Bloomberg is reporting that Etihad Airways has now reached out to a number of current and former airline CEOs, in a quest to replace Douglas. Boeing needs to get ALL OVER THIS, like yesterday. 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. He has also held senior positions with airport operator BAA. 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 previously served as chief executive of Abu Dhabi Airports Company (20132015), and as chief executive of the Defence Equipment and Support department in the United Kingdoms Ministry of Defence (20152017). Up until recently I wondered how serious the whole RIA concept was. What Douglas also has going for him is experience with aviation in the region. Etihad Airways has today announced the appointment of a new Group chief executive Tony Douglas, the 54-year-old British executive will join the Abu Dhabi-based airline in January after being poached by the aviation group from his current role at the UKs Ministry of Defence (MOD). Earlier, the airlines CEO Tony Douglas had said on Twitter that it will survive the impact of the pandemic. "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. Its not surprising to see that he accepted the offer, given how much Saudi Arabia is presumably willing to pay. 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. 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. He has nearly 20 years of experience in transportation, infrastructure and government sectors. If you continue to use this site we will assume that you are happy with it. 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. Tony Douglass tenure at Etihad Airways has been focused on minimizing losses at the airline. Tony Douglas, group CEO of Etihad airways. 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 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. Abu Dhabis Sovereign Wealth Fund Takes Control of Etihad Airways and CEO Tony Douglas Confirms He is Leaving Airline by Mateusz Maszczynski. Tony Douglas is a British businessman. 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. 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. Also in terms of achievements and capability as a leader , there is a reason why Sir Tim Clark is Sir and Tony Douglas is not, 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. We use 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 You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. He has also held senior positions with airport operator BAA, and as Chief Operating Officer and Group Chief Executive designate of Laing ORourke. Whether the Etihad Airways Airbus A380 fleet will fly again remains undecided due to brand and sustainability issues imposed by the aircraft, the The airline reported full-year results for 2020 on March 4. Abu Dhabis Midfield Terminal was built under Tony Douglas watch, and we have seen what came out of that. This was symptomatic of his wider lack of engagement with the industry and key stakeholders., Despite that, the consultant said the departure of the DE&S boss could cause disruption at a time when the MoD needs to focus on program delivery like that of aircraft carriers, the Mechanised Infantry Vehicle, and the Type 26 and Type 31e frigates. He has been the CEO of Etihad Airways since January 2018. previously, he 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). The story was reported by Arabian Business, citing sources close to the matter. Etihad His primary source of income is from his working career as a Business executive. This move will help the airline to cope with the negative impact of the coronavirus pandemic. [2], Douglas went on to be Chief Operating Officer at Laing O'Rourke in August 2007. 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. 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. We support credit card, debit card and PayPal payments. Etihad Airways announced in October 2017 that they had appointed Douglas Group Chief Executive Officer with effect from January 2018. 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. However, the CEO says he will stay on at the Abu Dhabi carrier until a suitable replacement can be found. Return Of The Jumbo: UK Boeing 747 Cargo Start-Up One Air Secures Certificate. 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. 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. If Douglas is indeed planning to leave Etihad for RIA, his influence on the airline will stay for many years to come. He has also had plenty of experience working in the Middle East with senior positions in Abu Dhabi. Since his appointment as CEO, he has managed to trim the losses by reducing total costs by $416 million to $6.9-billion. An airline the size of Emirates? What do you think about Tony Douglas' departure as CEO at Saudi Arabian startup RIA? [10] He was appointed CEO of the Saudi Public Investment Fund's Riyadh Air in March 2023. 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. CEO Tony Douglas told Insider at the Dubai Airshow in November that it's possible the aircraft will I wouldnt want to invest in that airline, but I sure did enjoy flying with the airline. I just wish the name to be something else than RIA. However, one executive said that may not entirely explain his departure. His remarkable career achievements have earned some luxurious lifestyles and some fancy car trips. He is currently single. Photo: Airbus. He has also led Abu Dhabi seaport as its chief executive in the past. We recommend you to check the complete list of Famous People born on . Discover more aviation news with Simple Flying. 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. During its initial launch, RIA will focus on establishing itself regionally with a fleet of Boeing 737 MAX and Airbus A320 aircraft, before a later expansion of its international network and long-haul fleet. His net worth has been growing significantly in 2022-2023. Etihad Airways cuts staff and executives salaries up to 50% RIA will be much more lax in that regard, based in Riyadh, and focused on tourism. As a passionate traveler based across the Middle East and East Asia, Luke offers strong insights into the travel and aviation industry. 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. 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. 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. Andrew Chuter is the United Kingdom correspondent for Defense News. PREMIUM. It is reported that this is the first time in the history of Etihad Airways that the airlines has suspended all passenger operations. A number of high-profile cutbacks have drawn ire from frequent flyers in the past year. RIA will compete against other Middle East-based airlines known for their luxury, namely Emirates, Etihad Airways, and Qatar Airways. SAUDIA, previously known as Saudi Arabian Airlines, is based in Jeddahs King Abdulaziz International Airport (JED). Douglas went on to be Chief Operating Officer at Laing ORourke in August 2007. It is further noted that other Etihad senior executives could be tempted to leave alongside Douglas. Sign In; Register; NEWS; PODCASTS; NFL. Saudi Arabias mega-airline startup has allegedly poached Etihad Airways CEO Tony Douglas to start up the airline. WebEtihad Airways, however, isn't quite ready to fully close the door on its A380s. We don't have much information about He's past relationship and any previous engaged. Last year, the speculation intensified when Etihad found itself with $4.7 billion in losses over three years, largely due to failed investments in other airlines and competition from rivals. At 60 years old, Tony Douglas height not available right now. Tony Douglass income source is mostly from being a successful . 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. He 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. [5][6][7], His tenure at Etihad Airways has been focused on minimizing losses at the airline. 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.. Im very curious to see who ends up at the helm of Etihad. 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. A visit from His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, who met His Excellency Mohamed Mubarak Fadhel Al Mazrouei - Chairman Etihad Aviation Group, Group CEO Tony Douglas and our Etihad pilots. What do you make of Saudi Arabia allegedly recruiting Tony Douglas, and who do you think will be the next CEO of Etihad? Based in the United Kingdom, Tony Douglas has been in the top job at Etihad since 2018. Etihad Airways announced in October 2017 that they had appointed Douglas Group Chief Executive Officer with effect from January 2018. Douglas has been with Etihad since 2018, and has been instrumental in turning around the fortunes of the airline. Early in September, the governments defense and security export boss, Stephen Phipson, announced he was joining the engineering employers organization, the EEF, as CEO. The Saudi PIF will invest at least $30 billion into the airline out of the total $100 billion to be invested indeveloping the aviation industry in Saudi Arabia, per the Saudi Vision 2030. Also, it will face a negative impact on business operations. 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. Boeing needs a new cash paying customer, just like this. RIA has yet to commence operations after committing to an end-of-2022 launch - the new carrier is a key part of Saudi Arabia's 'Vision 2030' and has its eye on scores of new aircraft, including a deal for 40 Airbus A350s and options for 40 more through sister airline SAUDIA. Apart from a rumored order of 40 Airbus A350s in October 2022, details of the airline are scarce. It seems risky, but I suppose it also has the potential to be quite rewarding (in some ways). Your feedback is important in helping us keep our community safe. His strategy is credited with pushing Etihad into a $1.87 billion USD loss for 2016. IHG Rewards Premier Business Credit Card Review: Worth Will Americans New York To Doha Route Survive? Etihad Airways, the Abu Dhabi-based UAE airline, previously had announced plans to suspend all flights to and from the capital for two weeks. The publicly-backed startup is expected to launch operations within the next few months and will now be searching for a new CEO. According to reports, hell stay on at Etihad until the end of the year, until a replacement can be found. I am personally very grateful for the help and support Tony has provided to me personally. 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. Wait isn't that what RIA objective is all about? Douglas has been in charge of Etihad since January 2018. Dubai: Tony Douglas has reasons to be pleased more so as hes been proved right. Premium access for businesses and educational institutions. 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. Tony Douglas net worth is estimated at around $12 million. Douglas joined RIA in September 2022. His departure comes as the British government puts the finishing touches to a mini-defense review, which could result in significant delays and cuts to programs and capabilities in order to balance the defense budget. Given the budgetary pressures over the next few years, one could question whether Douglas had the resolve and stamina to drive the reform program [at DE&S] in a tough economic climate, said Alex Ashbourne-Walmsley, a director at Ashbourne Strategic Consulting in London. . . Canadian government says it gave striking union 'final offer', #oilprice drops as economic growth concerns offset #, Etihad Airways cuts staff and executives salaries up to 50%, Africa uses mobile money to curb the spread of the coronavirus, Singapore Airlines raises S$19 bn to survive the coronavirus crisis. 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.". Was American Airlines the only profitable US airline in Q1 2023. He previously served as the CEO of Etihad Airways from January 2018 to October 2022. No alcohol (champagne, wine etc) means no mega airline to compete with Emirates or Qatar. As first reported by Arabian Business, the experienced airline chief has left his new position as CEO of RIA after around two months. 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 View popular celebrities life details, birth signs and real ages. So, how much is Tony Douglas worth at the age of 60 years old? Eyebrows were raised after Saudi Arabian authorities announced plans to launch a second flag carrier backed by a huge $30 billion investment from the country's PIF. LONDON Britains top defense procurement official has resigned after little more than two years in the post, and is heading to Abu Dhabi, United Arab Emirates, to run the Etihad Aviation Group. Team Salary Caps; EU nations quarrel over where to buy fresh ammo for Ukraine. He became Chief Executive of Defence Equipment and Support in September 2015. Web2018. He is one of the richest and influential businessmen in United Kingdom. Etihad Cabin Crew Recruitment Step by Step Process 2021. How that strategy will be developed have not yet been announced. See more about our ethics policies here. [12], In 2022, Tony and his Emirates Airlines counterpart applied for UAE natonality and was granted it.[13]. He will be missed, but his legacy of turning around a struggling airline will persist for a long time to come. Thats the first thing I thought about when I saw this new airlines name. The MoD only recently agreed to spending plans for the financial year 2017/2018, which began in April. 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. Douglas previously worked for the British Airport Authority and led the construction of the huge Heathrow Terminal 5 project. Check if your Copyright 2023 paddleyourownkanoo.com All Rights Reserved. Also learn how He earned most of networth at the age of 60 years old? Reports also suggest that several other senior officials at Etihad will follow Douglas to RIA. You have successfully joined our subscriber list. It made him the best-paid government employee in the UK with a salary that was double the amount the Prime Minister earns. university 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. We are delighted to have Tony return to Abu Dhabi to lead Etihad, commented His Excellency AlMazrouei, the chairman of Etihad Aviation Group. offers FT membership to read for free. 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. The new airlines are planned to occupy different niches from each other, and won't compete directly with Saudia. Defence Secretary Michael Fallon expressed gratitude for Douglas. 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. Cant imagine a dry Emirates. He is from British. We will update Tony Douglas's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Simple as that. 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. 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 Douglas pointed out that the situation is currently difficult. ridgewood high school hall of fame,
