Etihad Airways’ chief operating officer Mohammad Al Bulooki has stepped down from his role, according to the UAE’s national carrier.
John Wright will serve as interim chief operating officer and guest officer, Etihad confirmed to The National.
Mr Wright was previously vice president of network, airports and cargo operations at Etihad from 2013, the airline said.
“We can confirm that Mohammad Al Bulooki is stepping down from his position as COO to pursue other interests,” an Etihad spokesperson said.
“This follows a long and storied career at Etihad, where he held several managerial and executive roles since 2015.”
The airline said it would conduct a global talent search for a permanent replacement for Mr Al Bulooki.
Mr Al Bulooki joined Etihad in 2015 as an executive vice president and chief commercial officer, according to his LinkedIn account.
By 2018, he was the airline’s chief operating officer.
As chief operating officer, he was responsible for core areas including hub and network operations, revenue management, sales, network planning and alliances, flight operations, technical, catering, ground handling and cargo operations, his LinkedIn account stated.
In 2022, he joined Quint, a project linking the metaverse with the real world, becoming chairman of its board of directors.
He has also worked in many roles with Abu Dhabi Airports from 2008 to 2015.
Mr Al Bulooki joined Etihad from the post of chief commercial officer at Abu Dhabi Airports, a position he had held since 2011.
Etihad Airways' chief executive Antonoaldo Neves shared an internal document with staff about the announcement at the end of March, according to a report by travel industry website Skift.
“As we navigate through a period of remarkable growth and expansion, I have an important update to share regarding our leadership team,” Mr Neves wrote.
The memo stated that after many years of dedicated service to Etihad, Mr Al Bulooki had decided to step down from his role to pursue new challenges.
“Mohammad has been an integral part of our journey since the inception of our company,” Skift reported, quoting the document.
“From being onboard the inaugural Etihad flight in 2003 to playing a pivotal role in Etihad’s growth and development, both within the company and as part of the wider Abu Dhabi aviation ecosystem, his contributions have been invaluable.”
Etihad Airways recorded its second consecutive annual profit in 2023, as it carried more passengers amid a continuing post-coronavirus travel boom.
Net profit jumped to Dh525 million ($143 million) last year, up from Dh92 million in 2022 (excluding a pandemic-related grant), Etihad Airways said.
Total revenue reached Dh20.3 billion, up 11 per cent annually, as passenger revenue grew while unit costs fell by 7 per cent.
The airline carried 14 million passengers last year, 40 per cent more than in 2022. As a result, passenger revenue soared to Dh16.6 million, up from Dh12.6 million a year earlier.
Passenger load factor, a measure of how well an airline is filling available seats, rose to 86 per cent last year, from 82 per cent in 2022.
The airline expects to exceed last year's annual profit in 2024 and is preparing for a potential listing as it pursues an ambitious growth strategy between now and 2030, its chief executive told The National in March.
Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
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The Internet
Hive Mind
four stars
Company profile
Name: Dukkantek
Started: January 2021
Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani
Based: UAE
Number of employees: 140
Sector: B2B Vertical SaaS(software as a service)
Investment: $5.2 million
Funding stage: Seed round
Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
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Dubai Sports City Eagles 8 Dubai Exiles 85
Eagles
Try: Bailey
Pen: Carey
Exiles
Tries: Botes 3, Sackmann 2, Fourie 2, Penalty, Walsh, Gairn, Crossley, Stubbs
Cons: Gerber 7
Pens: Gerber 3
Man of the match: Tomas Sackmann (Exiles)
UAE currency: the story behind the money in your pockets
Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
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EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
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