EasyJet’s Bellew quits as travel turmoil continues

EasyJet’s Bellew quits as travel turmoil continues

After running Malaysia Airlines, Peter Bellew moved to Ryanair, and later EasyJet.

Former MAS chief executive officer Peter Bellew stepped down as Ryanair’s boss in late 2019. (AFP pic)
LONDON:
EasyJet Plc’s chief operating officer Peter Bellew is leaving, just as the UK discount carrier struggles with flight cancellations and strikes hobbling its service.

Bellew, 57, who joined from low-cost rival Ryanair Holdings Plc in 2019, will be succeeded as interim COO by David Morgan, who has filled the role on a temporary basis previously, EasyJet said in a statement Monday.

The departure hits Easyjet as the company – and the wider European aviation industry – grapples with huge travel disruptions because of staffing issues and strikes.

EasyJet said it remains focused on improving daily operations after contending with a three-day walkout in Spain, with two more set to follow later this month. It has also reined in summer capacity at London Gatwick and Amsterdam Schiphol, its two biggest bases, amid a labour shortage.

While Bellow resigned as of July 1, he remains committed to a smooth transition, according to the Luton, England-based airline. The stock fell as much as 5% in London, and was trading down 4.6% as of 2.18am local time, extending its decline this year to 35%.

While the carrier has ramped up capacity more cautiously than Ryanair and Europe’s third main discounter, Wizz Air Holdings Plc, the aircraft fleet at Gatwick has been expanded by more than a quarter compared with the pre-Covid peak in 2019, putting particular pressure on recruitment there.

Bellew is known as one of the more colourful figures in aviation. After previously running Malaysian Airlines, his move to Ryanair saw him occupy what unions suggested was a role of enforcer to CEO Michael O’Leary, guiding the airline through labour talks when it was first forced to unionise.

That relationship was upended by the switch to EasyJet, which led to a legal battle over his defection to such a close rival, in which Bellew ultimately prevailed.

The move saw him work under Johan Lundgren, who has led EasyJet since 2017 after joining from tour operator TUI AG, seeking to bring low-cost rigor to a carrier whose focus on more mainstream airports brings generally higher expenses than discount peers.

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