Peter Baumgartner (businessman)
Peter Baumgartner | |
|---|---|
| Born | Switzerland |
| Nationality | Swiss |
| Title | Former CEO, Etihad Airways |
| Term | May 2016 – December 2017 |
| Spouse | Divorced (2023) |
Peter Baumgartner is a Swiss businessman, the senior strategic advisor to the group CEO of Etihad Aviation Group, and was the chief executive (CEO) of Etihad Airways from May 2016 to December 2017.[1]
Early life
[edit]Baumgartner was born in Switzerland.[2]
Career
[edit]He was promoted to Etihad chief operating officer (COO) in 2009.[3]
In 2016, Baumgartner was named CEO of Etihad,[4] taking over the day-to-day operational running of the airline.
Since July 2018, Baumgartner is senior strategic advisor to the group CEO of Etihad Aviation Group.[5]
Personal life
[edit]He is married, and a fellow of the Royal Aeronautical Society.[6]
Appointments
[edit]In July 2018, Etihad CEO Tony Douglas took over responsibility for the airline's main business, promoting former chief Peter Baumgartner to the position of special advisor.[7][8][9]
Former Etihad Airways CEO Baumgartner started his new job as Senior Advisor for PA Consulting Group in February 2020. He was to help establish a new aviation advisory board.[10][11]
Etihad
[edit]In January 2017, the Etihad Airways management team consisted of Peter Baumgartner as CEO and Richard Hill as COO; James Hogan as CEO and CFO of the Etihad Group had resigned.[12] Baumgartner stated that in May 2017, the partnership with the Special Olympics was a step forward for Etihad Avitation Group's social activities program.[13] In November 2017, Baumgartner announced that the removal of the Dallas route was one of several adjustments made by Etihad's U.S. network in 2018.[14] The same month, Baumgartner denied that Etihad was looking for investment opportunities in various airlines.[15] As part of a strategic review supported by Baumgartner in January 2018, five Airbus A330 freighters were replaced with Boeing 777 aircraft.[16][17]
In April 2018, in his opening remarks at AVSEC World Baumgartner revealed that the airline was proud to have a pre-clearance facility at Abu Dhabi International Airport.[18] A month later, Etihad Airways upgraded its Paris flights to Airbus A380 aircraft, due to increased demand.[19]
Tony Douglas took over the role of CEO in July 2018 following $1.52 billion in reported losses for 2017.[20]
Conferences
[edit]In 2019, following the introduction of Plug and Play's Travel and Hospitality Accelerator program, Baumgartner attended the press conference in Abu Dhabi.[21]
Controversy
[edit]In July 2020, the Court of Arbitration for Sport (CAS), lifted UEFA's 2018 Manchester City ban from the Champions League[22] for violation of its financial fair play rules and judging that City's Abu Dhabi ownership had unfairly sponsored the club by channeling money through the state's commercial companies passing them on as independent sponsorship. CAS found that "most of the alleged breaches were either not established or time-barred" and at the same time reduced the club's fine by two thirds.[23] However according to Spiegel, there were doubts about the CAS verdict as it emerged that in December 2013 City director Simon Pearce had sent an email to Baumgartner, with the subject "Payments". In this further leaked email from Pearce, who was also a senior executive in an Abu Dhabi government authority, to Baumgartner, Etihad's chief commercial officer at the time, Pearce confirmed that he was "forwarding" the airline GBP 91 million of GBP 99 million that Etihad owed to the club for its sponsorship, with Etihad merely providing GBP 8 million.[24][25]
References
[edit]- ^ "India major growth market for Etihad Airways, says new CEO | GulfNews.com". gulfnews.com. Retrieved 10 September 2016.
- ^ "Interview: Peter Baumgartner, Etihad's chief commercial officer | United Arab Emirates | Aviation | ArabianIndustry.com". arabianindustry.com. Retrieved 10 September 2016.
- ^ "Peter Baumgartner: Executive Profile & Biography - Businessweek". bloomberg.com. Retrieved 10 September 2016.
- ^ "Hogan heads Etihad Group; Baumgartner is Etihad CEO in new management structure". ATW Online. 8 May 2016. Retrieved 22 May 2017.
- ^ "Peter Baumgartner, Etihad Corporate Profile". theetihadaviationgroup.com. Retrieved 18 July 2018.
- ^ Seow, Chong (25 January 2016). "Five Minutes with Etihad Airways' Chief Commercial Officer, Peter Baumgartner | Singapore Tatler". Sg.asiatatler.com. Retrieved 4 May 2017.
- ^ Odeh, Layan; Cranny, Manus; Habboush, Mahmoud (3 July 2018). "Etihad CEO Douglas Tightens Grip on Carrier to End Losses". Bloomberg. Retrieved 25 May 2021.
- ^ "Abu Dhabi's Etihad Airways announces leadership changes, job cuts expected". Gulf Business. 3 July 2018. Retrieved 1 June 2021.
- ^ "Etihad Airways to scale back on global plans". Arabian Business. 4 July 2018. Retrieved 14 June 2021.
- ^ "Former Etihad Airways CEO Peter Baumgartner joins PA Consulting". Consultancy-me.com. 7 February 2020. Retrieved 25 May 2021.
- ^ "Former CEO of Etihad Airways joins PA as Senior Advisor". Consultancy.uk. 12 February 2020. Retrieved 2 June 2021.
- ^ "Etihad group CEO James Hogan and CFO to step down". Gulf Business. 24 January 2017. Retrieved 1 June 2021.
- ^ Jochebed Menon (28 May 2017). "Etihad named official partner of Special Olympic Games". Hotelier Middleeast. Retrieved 2 June 2021.
- ^ Bill Hethcock (3 November 2017). "Etihad axes DFW Airport service after falling-out with American Airlines". Business Journals. Retrieved 9 June 2021.
- ^ Shweta Jain (12 November 2017). "Etihad not on the lookout for new equity stakes: CEO". Gulf News. Retrieved 9 June 2021.
- ^ Alexander Cornwell, Stanley Carvalho (24 January 2018). "UPDATE 1-Etihad grounds 5 Airbus cargo planes amid strategy review". Reuters. Retrieved 14 June 2021.
- ^ "Etihad grounds 5 Airbus cargo planes amid strategy review". Gulf Business. 25 January 2018. Retrieved 14 June 2021.
- ^ "Dossier: Borders... Pre-clearance set to expand". Airlines IATA. 13 April 2018. Retrieved 18 June 2021.
- ^ "Etihad Airways upgrades Paris flights to A380". Arabian Business. 5 June 2018. Retrieved 21 June 2021.
- ^ Reid, David (3 July 2018). "Etihad shuffles pack in bid to stem losses". CNBC. Retrieved 10 June 2024.
- ^ "Plug And Play Debuts Travel And Hospitality Accelerator Program In Abu Dhabi". Entrepreneur. 17 March 2019. Retrieved 23 June 2021.
- ^ "Manchester City's two-year Champions League ban lifted by Cas – as it happened". The Guardian. 13 July 2020. Retrieved 8 July 2021.
- ^ "Manchester City's Champions League ban lifted by court of arbitration for sport". The Guardian. 13 July 2020. Retrieved 8 July 2021.
- ^ David Conn (30 July 2020). "Der Spiegel claims new Manchester City emails cast doubt on Cas verdict". The Guardian. Retrieved 30 June 2021.
- ^ Matthew Glendinning (31 July 2020). "Der Spiegel claims to have found new emails in Manchester City FFP probe". Sport Business. Retrieved 30 June 2021.