Tony Douglas is a British businessman. It's a smart move by MbS, and Douglas gets the Benefit having seen the missteps of Emirates, QA, his own predecessor, in creating RIA from ground up, clean slate. 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. 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. It could be difficult to find someone of sufficient caliber, even at the present salary, he said. Apumone 2023 All Rights Reserved -DMCA protected. I wouldnt want to invest in that airline, but I sure did enjoy flying with the airline. 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. Editorial Disclosure: The editorial content on this page is not provided by any entity mentioned herein. Based in the United Kingdom, Tony Douglas has been in the top job at Etihad since 2018. Learn how your comment data is processed. Since his appointment as CEO, he has managed to trim the losses by reducing total costs by $416-million to $6.9-billion. Please view our advertising policy page for additional details about our partners. 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. Tony Douglas Biography, Age, Height, Wife, Net Worth, Compare Standard and Premium Digital here. Etihad 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. Etihad Airways, the Abu Dhabi-based UAE airline, previously had announced plans to suspend all flights to and from the capital for two weeks. WebToney Douglas contract and salary cap details, contract breakdowns, dead money, and news. university Photo: Etihad. 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.
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