British EasyJet hires Ryanair's chief operating officer



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FILE PHOTO: Peter Bellew, Chief Operating Officer of Ryanair, attends a press conference in Frankfurt, Germany, August 8, 2018. REUTERS / Ralph Orlowski / File Photo

LONDON (Reuters) – Britain's easyJet (EZJ.LOn Thursday, Q3 trades in line with expectations, boosted by the increased number of customers using services such as seats allocated, allowing it to reiterate its earnings guidance for the year.

The low-cost airline added that it had chosen Peter Bellew as chief operating officer of Ryanair (RYA.I).

EasyJet said total revenue for the quarter ending June 30th increased 11.4% to 1.8 billion pounds, thanks to an increase in bookings and ancillary revenues from additional services such ;baggage check-in.

The strength of trade, at a time when many small rivals are struggling, is occurring despite a general slowdown in demand due to the worsening macroeconomic situation in Europe and consumer uncertainty related to Brexit in Great Britain. Brittany, he said.

"With 78% term bookings in the second half of the year, we have better visibility in the second half of the year and expect a pre-tax profit of between £ 400 million and £ 440 million, in line with market expectations," said the director. General, Johan Lundgren.

The group added that he had hired Bellew, who is leaving his job at Ryanair at the end of the year, according to a note sent to Reuters agency staff.

The former managing director of Malaysian Airlines joined the Irish carrier in December 2017.

Report of Alistair Smout; edited by Kate Holton

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