Malaysian Airlines CEO Peter Bellew Quits

By kimshep | Oct 21, 2017, 11:43 AM

Peter Bellew the recently installed CEO of Malaysian Airlines has just unexpectedly resigned. He is poised to return to Ryanair as Chief Operations Officer to assist in their current restructuring effort.

Bellew joined Malaysian on September 1, 2015 and began re-organising the Malaysian carrier to return it to profitability. He has been widely credited with establishing a level of stability and future vision within the embattled carrier. He was the third CEO at Malaysian after the twin events of 2014.

Bellew's exit follows hard on the heels of the surprising July 2016 exit of Christoph Mueller, a noted Lufthansa CEO 'turn-around' specialist.

Malysian Airlines issued a terse statement on his 'unexpected' departure, citing a recent 'reiteration of his commitment to the airline'. However, there is considerable speculation that his departure has been caused by major shareholder Kazanah Nasional Bhd's interference and the Prime Ministerial announcement in the USA in September of a Malaysian order for 25 B737-800 and 8 B787 Dreamliner jets valued at USD $10B.

Bellew has issued a statement indicating that his resignation was not because of dissatisfaction with Najim Razak (Prime Minister). Bellew' statement also included the following: he "was returning to Ireland to rejoin his former employer Ryanair because of the love for his country after the company had approached him about it two weeks ago".

Malaysian Airlines has not announced a successor, as yet.

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By kimshep | Oct 21, 2017, 11:52 AM

Addendum: [Edit function not working]

Malaysian Airlines has just announced COO Izham Ismail as Bellew's successor.

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By Jedinak K | Oct 22, 2017, 05:19 PM
Tragic for MH. They just can't seem to catch a break. Hopefully the signing of the CEO will turn their fortunes around for the better.
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By hardytraveller | Oct 25, 2017, 04:31 PM
I’m sure the new CEO Izham Ismail will be “better suited” to the Malaysia (country) ways of doing business. He won’t be fretting too much about the interference, graft and corruption that is a part of doing business there.
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By vincents | Oct 25, 2017, 07:02 PM

This is the same old story with this "airline" Just look at their performance with their CEO's over the past 20 years or so. Firstly you must be a Bumiputra to be in control of this airline. It will never work otherwise. Malaysia Airlines is what they say it is Malaysia Airlines. Any outsider that deludes himself into to thinking he can set this very troubled Airline on the correct path is going to very, very, sadly disappointed, ( past tenures of outsiders will fully support this statement) THEY WILL SIMPLY NOT LAST!!!! Their ideas will simply not be accecped by this Airline & whoever at the time controls it. Certainly the CEO does not!!! Customer support services levels at MAS or MAB have been on a massive decline for 20 years plus. Just try to pin them down to answering a telephone, or getting a problem solved pertaining to day to day travel enquiries, YOU NEVER WILL!!

This was once a truly great airline that sadly has now fallen on really very hard times. It is because of senior Malaysian Government meddling with executive management decisions constantly, it will never change, as you will never change the politics there!!! I think the quicker Mas or MAB quit the larger international airline scene altogether, and revert to just becoming simply a regional carrier within Asia the better off it will be for the country as a whole from the financial standpoint. This reduction would also be in keeping with the Malaysian Governments very limited grasp of the fundamentals of running and managing an International Airline. As they have shown for at least over the last 20years or so that they do not have the faintest idea !!!

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By Traveller14 | Oct 25, 2017, 07:08 PM
Unfortunately UL (Sri Lankan Airlines) has a similar tale of woe. BI (Royal Brunei Airlines) has also had a chequered history.

Notably, Singapore Airlines (efficient, great passenger service, non corrupt but non democratic government), Philippine Airlines (which almost folded for good in about 1998 but which now has a private tycoon owner), Japan Air Lines (declared bankrupt in c.2010), All Nippon Airways, Cebu Pacific and Korean Airlines are a few southeast or northeast Asian carriers that are better off.

TG (Thai) has a question mark over it as allegedly it's been on a downward spiral and sometimes loses money. My perception is it's far better off than MH (Malaysia) though.
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