Russell Reynolds sets up direct presence in Dubai

Source: Russell Reynolds
Associates website.

Russell Reynolds Associates has opened an office in Dubai, located at the Dubai International Financial Centre (DIFC). The global assessment, recruitment and succession planning specialist for CEOs, boards of Directors and key roles within the C-suite started doing business in the Middle East in 1975. The firm now has 46 offices in 26 countries spread across Europe, Asia, North and South America and the Middle East.

“Our firm was first in our industry to establish a Middle East Practice, and we remain unique with dedicated consultants based both inside and outside of the region. Our Dubai office is another important step in the global expansion of Russell Reynolds Associates,” says Clarke Murphy, CEO of Russell Reynolds Associates. "Our company continues to expand: the past calendar year was an history high."

The executive search firm's presence in the Arab world will be boosted by the new office, which will be tightly integrated with the firm’s Middle East desk in London. "The Middle East continues to play a key strategic role for many of our clients, most major multinationals and world banks. Our Dubai office complements our clients' growing demands for physical presence in the region," explains Dr Stephan Schönwälder, Managing Director at Russell Reynolds Associates and Area Manager for Dubai. Dr Stephan Schönwälder works with senior members of the London desk Mat Green and Lamees Al-Ashtal. Green coordinates the firm's Middle East practice and conducts assignments for clients in the financial services, oil & gas, mining and natural resources sectors.

Dr Schönwälder joined Russell Reynolds Associates from another search firm, where he led the Middle East Financial Services Practice for four years. He also worked on numerous assignments in the ICT and FMCG industries and served family-owned businesses. Schönwälder was a former Partner with McKinsey & Company, serving as the head of the company’s Middle East Business Technology Practice and as a core member of the region’s Financial Services Practice. He also worked for numerous family conglomerates and government institutions, with a focus on Saudi Arabia and the UAE. 

Schönwälder explains, "The region has considerable potential. Many of the Gulf States are successfully expanding their range of economic activities – moving away from oil toward promising sectors of the future such as tourism and hospitality, financial services and telecommunications. We advise companies and institutions in the region on all talent issues across all industries, with our wide-ranging executive search knowledge and international and local expertise."

Etihad shares initial destinations for Airbus A380 and Boeing 787 Dreamliner craft

Etihad Airways, the national airline of the United Arab Emirates, has announced the first destinations for its first Airbus A380 and Boeing 787 Dreamliner aircraft. 

Source: Etihad. The Boeing 787-9.

The Abu Dhabi-based airline’s first A380 will fly to London's Heathrow from December 2014, while a second A380 will operate on the same route from Q1 2015. By the end of 2015, Etihad Airways will have five of the same aircraft in operation, with plans to also introduce A380 operations to both Sydney and New York's JFK.

The first Etihad Airways B787-9 will enter commercial service in December 2014, with a second aircraft entering service in January 2015. As with the A380, by the end of 2015, Etihad Airways will have five of this type of aircraft in operation. The first B787s will initially be deployed on Washington DC, Düsseldorf and Mumbai, with further route announcements to follow.

Peter Baumgartner, Etihad Airways’ Chief Commercial Officer, said: “The A380 will be used to provide additional seats on existing routes where there is a need for increased capacity, and in particular, high demand for First and Business Class travel.”

Etihad Airways has a total of 10 A380s on firm order. Four A380s will arrive in 2015, three in 2016 and two in 2017.

Each aircraft is designed to carry 498 guests in four living spaces on the aircraft. This includes two VIP guests in The Residence by Etihad, nine guests in the innovative First Class Apartments, 70 guests in the new Business Class Studios, and 417 guests in Economy Class.
 
Baumgartner added: “We are the fastest growing airline in commercial aviation, and by unveiling our plans for this magnificent aircraft and setting new benchmarks in onboard product, service, hospitality and style, we have redefined what flying is all about.”

Etihad Airways also has major plans for the B787 which enters the fleet in Q4 2014.

In December the mostly composite aircraft will be deployed first on routes between Abu Dhabi and Düsseldorf, and services to Washington DC and Mumbai will commence in January 2015. Services to other cities will be confirmed in 2015 as more B787s enter the fleet.

The airline has a total of 71 B787s scheduled for delivery between the end of 2014 and 2023, including 41 B787-9s and 30 B787-10s, making it the largest operator of the aircraft type in the world.

Two B787s are scheduled for delivery in Q4 2014 with three due to arrive in 2015, three in 2016 and nine in 2017. All five initial B787 deliveries will have three living spaces aboard the aircraft, configured to carry 235 guests.

There are eight First Suites in First Class, 28 Business Studios in Business Class and 199 Economy Smart Seats in Economy Class.
 
“Over the coming years this next-generation aircraft will be used by Etihad Airways to launch flights to new destinations, add capacity in existing markets and progressively replace existing, less-efficient aircraft,” said Baumgartner. 

Some of the initial Etihad Airways A380 and B787 flights may be booked online at etihad.com, through the Etihad Airways contact centre, or via travel agents.