Last week I wrote about what I found to be an interesting development at Ryanair. Peter Bellew used to work for Malaysia Airlines -- he was the COO starting in 2015, and became the CEO in 2016. A bit over a year later he quit to move to Ryanair, where he became the COO. As…
Continue reading: Peter Bellew Moves From Ryanair To EasyJet
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Hey Ben, you know Peter was working at Ryanair for years before he joined Malaysia Airlines? So in fact, he returned to Ryanair, rather than joining it.
Ever notice that departing CEOs of Malaysian make very sudden trips back to their home countries?
Putting aviation enthusiasm aside, Easyjet plc is less than half the market cap of Ryanair plc. Maybe he sees some opportunity here to double the business more easily?
Interesting side note
It'll be interesting to see how he goes from and airline operating the 737 Family to the a320 family.
Will he be able to notice the difference in costing for each aircraft and is IAG exaggerating when Willie Walsh said about the delays from Airbus.
Also didn't both Ryanair and easyjet look into Alitalia and airberlin?
So I wonder if Peter knows roughly what Ryanair offers in terms of acquisitions and if they have any plans for further expansion which he'd be able to leverage easyjet to compete for.
Pter Bellew 's wealth of experience with Malaysian Airlines & especially RyanAir will be extremely useful for Easyjet i believe.
RyanAir has been targeting poorer European passengers (students,travelers from Ukraine,Morrocco etc) than Easyjet which has been targeting middle-class and lower middle class passengers but when it comes to making money & expanding as a business RyanAir has been better than Easyjet.
So it might change with P.Bellew running now Easyjet .