Etihad airlines names Tony Douglas as new CEO.
Summary: Douglas to join Etihad from January 2018
By Sarah Diaa, Staff Reporter
Dubai: Etihad Aviation Group announced on Thursday the appointment of Tony Douglas as group chief executive officer replacing former group CEO James Hogan who stepped down in July this year.
Douglas, who formerly held positions including chief executive officer of Abu Dhabi Airports Company and CEO of Abu Dhabi Ports, will join the company in January 2018, Etihad said in a statement.
The carrier said Douglas will "implement a range of strategic initiatives to position Etihad for sustained success in an increasingly competitive regional and global aviation market."
His appointment comes as the Abu Dhabi-based carrier recorded $1.87 billion in losses in 2016 amid challenges in the macro-environment, high impairment charges, and costs related to airberlin and Alitalia where Etihad owns stakes.
After Hogan stepped down, the group appointed Ray Gammell who has been serving as interim CEO.
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