UAE: Etihad announces Antonoaldo Neves as new CEO in bid to drive sustainable growth

  • Date: 19-Oct-2022
  • Source: Khaleej Times
  • Sector:Oil & Gas
  • Country:UAE
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UAE: Etihad announces Antonoaldo Neves as new CEO in bid to drive sustainable growth

He will succeed previous group CEO Tony Douglas, who occupied the role since January 2018

By Web Desk Published: Wed 19 Oct 2022, 1:56 PM

ADQ, an Abu Dhabi based investment and holding company, together with Etihad’s Board of Directors, announce the appointment of Antonoaldo Neves as Group Chief Executive Officer of Etihad Aviation Group, succeeding Tony Douglas as Group CEO, who has decided to pursue an opportunity elsewhere, and will serve during his transition period as an advisor to the Board of ADQ Aviation and Aerospace Services Company.

Antonoaldo Neves was CEO and Board Member of TAP, the National Airline of Portugal, where he successfully led a major turnaround that resulted in a more valuable company, with better customer service and more passengers, significantly contributing to tourism development in Portugal. Prior to TAP, Antonoaldo was the President of Azul Airlines in Brazil, where he successfully led the company to IPO in the NYSE. Antonoaldo was also a partner at McKinsey and Company, where he developed the long-term plan for the aviation sector development in Brazil.

Mohammed Ali Al Shorafa, Chairman of Etihad Aviation Group, said: “Tony has led Etihad through some of its most challenging times and has successfully turned the airline into