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Published on Thursday, July 18, 2019

Ryanair operations chief switches to easyJet

Peter Bellew is to join easyJet as chief operating officer and will join the Board.

He joins from Ryanair where he has been chief operations officer since December 2017.

Before that he was group managing director and CEO at Malaysia Airlines. 

At easyJet he will report to CEO Johan Lundgren.

The announcement came as easyJet gave a trading update today.

Lundgren said: "EasyJet's third quarter performance was robust and despite the tougher macroeconomic conditions was in line with expectations.

"Revenue increased by over 11% with RPS increasing through a combination of successful revenue initiatives, a solid Easter performance and a focus on late yield initiatives, with passenger numbers climbing by two million to over 26 million.

"Our customers experienced significantly reduced cancellations and long delays largely as a result of our investment in operational resilience, which also contributed significantly to driving down cost per seat ex fuel at constant currency by 4% in the period.

"We remain very focused on delivering our revenue initiatives and driving costs down to enhance our profitability per seat. With second half forward bookings at 78% we have better visibility on the second half and expect to deliver a profit before tax of between~£400 million~and~£440 million, in line with market expectations."

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