Return Of The Jumbo: UK Boeing 747 Cargo Start-Up One Air Secures Certificate. Etihad declined to comment, while PIF did not respond to our request for comment. analyse how our Sites are used. Where Is Etihad Sending Its Airbus A350-1000s This Month? Thats the first thing I thought about when I saw this new airlines name. 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. 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. Apart from a rumored order of 40 Airbus A350s in October 2022, details of the airline are scarce. cookies Southwest Airlines has indicated that it is planning onaround$2.3 billions worth of aircraft capital spending throughout 2023. 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. RIA is a low comission money transferer operating already ib 160 countries. 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. offers FT membership to read for free. Web2018. 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. Etihad Cabin Crew Jobs Click here to find out where Etihad are recruiting Cabin Crew OR have a look at their recruitment process so you know what to do. 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. . 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. 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. Managing Editor - Joanna has worked in publishing for more than a decade and is fast becoming a go-to source for commercial aviation analysis. He has also held senior positions with airport operator BAA, and as Chief Operating Officer of Laing ORourke. He has also had plenty of experience working in the Middle East with senior positions in Abu Dhabi. Etihad Cabin Crew Recruitment Step by Step Process 2021. [2], Douglas went on to be Chief Operating Officer at Laing O'Rourke in August 2007. CEO Tony Douglas told Insider at the Dubai Airshow in November that it's possible the aircraft will A big leadership vacuum will be unhelpful when the programs are supposed to be operating to a right timescale, she said. We are delighted to have Tony return to Abu Dhabi to lead Etihad, commented His Excellency AlMazrouei, the chairman of Etihad Aviation Group. What do you think about Tony Douglas' departure as CEO at Saudi Arabian startup RIA? 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. How much is Tony Douglas worth? His first-ever airline job was at Etihad, and his job was to shrink the airline to profitability. According to reports, hell stay on at Etihad until the end of the year, until a replacement can be found. 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. Etihad Airways, the Abu Dhabi-based UAE airline, previously had announced plans to suspend all flights to and from the capital for two weeks. He became Chief Executive of Defence Equipment and Support in September 2015. Do you see the airline becoming a major player on the global scene in the coming years? [10] He was appointed CEO of the Saudi Public Investment Fund's Riyadh Air in March 2023. Premium access for businesses and educational institutions. His ability to succeed at the MOD was so well regarded that Douglas was brought in on a 530,000 annual pay package. Douglas will allegedly stay on at Etihad until the end of the year, so that theres time for a replacement to be found. SAUDIA, previously known as Saudi Arabian Airlines, is based in Jeddahs King Abdulaziz International Airport (JED). Your feedback is important in helping us keep our community safe. [12], In 2022, Tony and his Emirates Airlines counterpart applied for UAE natonality and was granted it.[13]. That said, its staff and employees will continue to receive housing allowances and education assistance during the period and in the future, local media reports said. He has been the CEO of Etihad Airways since January 2018. previously, he served as chief executive of Abu Dhabi Airports Most helpful comments ( as chosen by the OMAAT community ). What do you make of Saudi Arabia allegedly recruiting Tony Douglas, and who do you think will be the next CEO of Etihad? RIA will compete against other Middle East-based airlines known for their luxury, namely Emirates, Etihad Airways, and Qatar Airways. It made him the best-paid government employee in the UK with a salary that was double the amount the Prime Minister earns. He will be missed, but his legacy of turning around a struggling airline will persist for a long time to come. Spearheading the ambitious turnaround plan for Etihad, he has led it through its trickiest years, optimizing the fleet, the operations, the staffing and the systems to put it in a good position for the future. Etihad appears to be in the market for a new airline CEO, as reports suggest current boss Tony Douglas is leaving the airline. Discover more aviation news with Simple Flying. 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. Douglas is the second senior defense official to leave this month. Money Minute, What's next for experimental AI projects in the C4ISR sphere. 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.". Team Salary Caps; He previously served as the CEO of Etihad Airways from January 2018 to October 2022. 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. 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. As per its latest announcement in November, RIA planned to launch before the end of 2022, but clearly this didn't materialize - the startup will now likely launch in the coming months. Since his appointment as CEO, he has managed to trim the losses by reducing total costs by $416-million to $6.9-billion. Etihad Airways cuts staff and executives salaries up to 50% 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. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. We have estimated The reports from Arabian Business remain unconfirmed by either Etihad or PIF. While we do try to list all the best miles and points deals, the site does not include all card companies or credit card offers available in the marketplace. As a passionate traveler based across the Middle East and East Asia, Luke offers strong insights into the travel and aviation industry. 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. 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. Also, Ive now heard of multiple people who are leaving their established, senior jobs at other airlines, to work at this startup. CAPA He became Chief Executive of Defence Equipment and Support in September 2015. As Etihad goes through its own massive reform programme, airline bosses will be hoping Douglas is the man to make it happen. 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). 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. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. [3] 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[4] and Chief Executive of Abu Dhabi Airports Company in 2013. 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. Boeing needs a new cash paying customer, just like this. 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. 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. His net worth has been growing significantly in 2022-2023. 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. Tony Douglas is certainly good at pleasing local leaders, but I am not sure if he is the right choice for this job. 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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. 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.. For the carrier's once-daily service to Dublin, you're much more likely to see the Boeing 787-10. Your email address will not be published. As reported in Arabian Business today, Douglas has accepted to the job offer. It is being formed as part of Saudi Arabia's Vision 2030 tourism plan, which aims to increase the number of air routes connecting the country from the current 100 or so up to about 250. Abu Dhabis Midfield Terminal was built under Tony Douglas watch, and we have seen what came out of that. Learn how your comment data is processed. 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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. He became Chief Executive of Defence Equipment and Support in September 2015. Apumone 2023 All Rights Reserved -DMCA protected. Also, it will face a negative impact on business operations. He was previously the CEO of Abu Dhabi Ports Company between 2013 and 2015. Compare Standard and Premium Digital here. Douglas has worked to undo all of that, and shrink the airline to profitability. This move will help Etihad Airways to cope with the impact of the Coronavirus as the aviation industry has now taken a big hit. 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 Douglas is a British businessman. Discover today's celebrity birthdays and explore famous people who share your birthday. Douglas has been with Etihad since 2018, and has been instrumental in turning around the fortunes of the airline. It is further noted that other Etihad senior executives could be tempted to leave alongside Douglas. Stay connected with the latest travel, aviation, and credit card news. Douglas has also held senior positions with airport operator BAA, and as Chief Operating Officer and Group Chief Executive designate of Laing ORourke. Douglas has been CEO of Etihad since early 2018. What Douglas also has going for him is experience with aviation in the region. Douglas joined RIA in September 2022. or Simply log into Settings & Account and select "Cancel" on the right-hand side. 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. Its not surprising to see that he accepted the offer, given how much Saudi Arabia is presumably willing to pay. 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.