Peter Bellew says he is not leaving Malaysia Airlines for Ryanair

Malaysia Airlines CEO Peter Bellew posing with staff from the airline.
@bellewpeter Instagram account

Peter Bellew is not leaving his seat at Malaysia Airlines (MAS), the CEO told members of the media on Wednesday (Sep 27).

Bellew was addressing speculation that he could be leaving the Malaysian carrier to return to Irish low-cost airline Ryanair.

According to The Edge, Bellew said that he had received multiple calls asking if he was holding a press conference to announce his resignation.

“Just to make it perfectly clear, we (Malaysia Airlines) are going through some challenges at the moment, but, I am perfectly happy to be here as the chief executive officer of Malaysia Airlines,” the business news portal quoted him as saying.

“They have a perfectly good CEO over at Ryanair at the moment,” he added.

Bellew had been with Ryanair for nine years prior to joining MAS as COO in 2015. He became CEO in July last year.

On Wednesday, MAS revealed details about the airline’s plans to lease six widebody aircraft from Air Berlin in 2018.

In a statement released on its website, MAS said its fleet strategy was part of an ongoing five-year “12-point MAS Recovery Plan (MRP)” announced in 2014 which “calls for the resetting of the airline’s operating business model towards a competitive cost position, with a focus on the network and revenue management”.

The six A330-200 aircraft will begin arriving from February 2018, it added.

Malaysia Airlines currently operates six A380s, 15 A330-300s and 48 B737-800s.