Etihad banks on new chief to steer it out of turbulence
Outgoing boss' strategy to buy more than six airlines worldwide saddled group with big losses
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Nisha Ramchandani
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Singapore
TAPPED to steady the ship at Etihad, Tony Douglas will take over as group chief executive from January 2018, joining the Abu-Dhabi based airline group from the UK's Ministry of Defence.
He takes over from James Hogan, whose expansion strategy of investing in over six carriers worldwide left the airline group floundering with significant losses. These include equity stakes in Alitalia, Air Berlin, Jet Airways and Virgin Australia.
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