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How renewable energy is empowering women in rural Africa? As Etihad looks to develop a new strategy, it has cut ties and funding with two of its failed investments Alitalia, which is still trying to find a new investor and airberlin, which is likely to be sold in parts to Germanys Lufthansa and Britains low-cost airline, easyJet. 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. Etihad declined to comment, while PIF did not respond to our request for comment. As first reported by Arabian Business, the experienced airline chief has left his new position as CEO of RIA after around two months. He has been the CEO of Etihad Airways since January 2018. previously, he served as chief executive of Abu Dhabi Airports WebMr Douglas, who took the helm at Etihad Aviation Group since January 2018, has decided to pursue an opportunity elsewhere, Abu Dhabi's ADQ said in a statement on Wednesday. As mentioned above, Etihad has gone from a CEO who lit money on fire, to one who ran the airline in a very disciplined way. 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. 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. During its initial launch, RIA will focus on establishing itself regionally with a fleet of Boeing 737 MAX and Airbus A320 aircraft, before a later expansion of its international network and long-haul fleet. Etihads previous CEO lit billions of dollars on fire, wanting to grow the airline into a mega-carrier that competed with Emirates and Qatar Airways, while also building a global alliance of airlines (most of which have gone out of business). Save my name, email, and website in this browser for the next time I comment. WebEtihad Airways, however, isn't quite ready to fully close the door on its A380s. He previously served as the CEO of Etihad Airways from January 2018 to October 2022. Douglas joined DE&S in September 2015 with the remit to push through a transformation program aimed at making the organization more effective and efficient. 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. 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. He became Chief Executive of Defence Equipment and Support in September 2015.