Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 536.20
Bid: 530.20
Ask: 572.00
Change: 0.00 (0.00%)
Spread: 41.80 (7.884%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 536.20
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Ryanair CEO denies accusation of bullying former operations chief

Wed, 04th Dec 2019 15:45

By Conor Humphries

DUBLIN, Dec 4 (Reuters) - Ryanair chief executive
Michael O'Leary on Wednesday dismissed accusations that he
bullied and forced out his former operations chief Peter Bellew,
telling a court he was a highly paid professional who had failed
to deliver.

Bellew resigned as Ryanair Chief Operations Officer in July
and the Irish low-cost carrier, Europe's largest, has asked the
Irish High Court to delay his departure to arch-rival easyJet
, saying he is subject to a 12-month non-compete clause.

Former Malaysia Airlines boss Bellew denies he is subject to
the clause and plans to start working with the British airline
at the start of next year.

O'Leary was in court to give evidence for a second day. On
Tuesday he had made a series of accusations against Bellew,
accusing him of lying and of failing to perform, citing
"repeated complaints" from employees working under him about
slow decisions or no decision making.

"If I am hiring Sergio Aguero, I expect him to score goals,
I don't expect to have to show him which side of the goal to
shoot at," O'Leary told the court, comparing Bellew to the
Manchester City soccer club striker.

Queried about a number of successes in parts of the company
that Bellew was responsible for, O'Leary said they were despite
rather than because of his performance, although he admitted
telling Bellew in March 2018 that he had made "a significant and
positive impact" during his first four months in the role.

Bellew returned to Ryanair in December 2017, where he had
been director of flight operations before leaving for Malaysia
Airlines in 2014.

Bellew's lawyer, John Rogers, said that O'Leary had told his
operations chief that he was "too nice for Ryanair" and he
accused the long-serving Ryanair boss of turning the case into
an attack on his client.

The court was read a letter sent by Bellew to O'Leary after
he announced his move to easyJet in which he accused his boss of
bullying him in trying to force him to accept the 12-month
non-compete clause.

Asked by Bellew's lawyer if this was the case, O'Leary
replied: "This isn't bullying, it is just factual."

O'Leary said he had made significant efforts to entice
Bellew to stay and had been "stunned and deeply disappointed"
when he announced the move to easyJet.

A lawyer for Ryanair told the court during the first day of
the case on Tuesday that Bellew possessed information of immense
competitive value that the airline could not allow to be passed
to its rival, including details of delays to the delivery of
Boeing's grounded 737 MAX aircraft.
(Reporting by Conor Humphries
Editing by Alexandra Hudson)

More News
3 Nov 2023 09:31

LONDON BROKER RATINGS: JPMorgan lifts Smith & Nephew

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
1 Nov 2023 10:40

IN BRIEF: Whitbread adds Compass chief commercial officer to board

Whitbread PLC - Dunstable, Bedfordshire-based owner of Premier Inn chain of hotels - Appoints the chief commercial officer of Chertsey, Surrey-based catering and food service Compass Group PLC, Shelley Roberts, to its board as a non-executive director. Roberts leads Compass's global clients, mergers & acquisitions, health & safety, sustainability and digital & procurement functions. She previously worked in the travel sector at easyJet PLC, Tiger Airways and Sydney Airport.

Read more
27 Oct 2023 09:30

LONDON BROKER RATINGS: UBS says buy SJP; JPMorgan raises Trainline

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
19 Oct 2023 10:10

LONDON BROKER RATINGS: Barclays cuts easyJet and Tate & Lyle

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
19 Oct 2023 07:43

LONDON BRIEFING: OnTheMarket agrees takeover offer with CoStar

(Alliance News) - Stocks in London are expected to open lower on Thursday, as global equity markets take a hit from US Treasury yields hitting fresh highs, and the ongoing concerns about an escalation in the Middle East conflict.

Read more
12 Oct 2023 16:54

LONDON MARKET CLOSE: FTSE 100 withstands selling pressure after US CPI

(Alliance News) - Stock prices in Europe closed mixed on Thursday, ending off session highs as equities in New York came under pressure following a more robust than expected US inflation reading.

Read more
12 Oct 2023 16:02

London close: Stocks mixed as US inflation comes in slightly hot

(Sharecast News) - London markets ended with a mixed outcome on Thursday, as investors digested a fresh inflation reading out of the US, as well as a slight uptick in the UK economy.

Read more
12 Oct 2023 09:23

TOP NEWS: easyJet to resume dividend payments after "record summer"

(Alliance News) - easyJet PLC on Thursday said it intends to recommence dividend payments after a three-year hiatus, as it hailed a "record summer" for its flights and holiday packages and a swing back to annual profit.

Read more
12 Oct 2023 08:09

EasyJet to resume dividends after record fourth quarter

(Sharecast News) - Budget airline easyJet hailed record fourth-quarter profit on Thursday amid strong demand, as it said it plans to resume dividend payments and announced a deal with Airbus to expand its fleet.

Read more
11 Oct 2023 16:15

UPDATE: Flights resume at Luton Airport but many passengers disrupted

(Alliance News) - Luton Airport near London has reopened after a vehicle fire caused a car park to collapse, sparking disruption for tens of thousands of passengers.

Read more
11 Oct 2023 13:02

Thursday preview: U.S. CPI, Easyjet in focus

(Sharecast News) - All eyes on Thursday will be on the release of the U.S. consumer price report for the month of September.

Read more
11 Oct 2023 11:01

UPDATE: Luton Airport car park fire leaves 25,000 passengers disrupted

(Alliance News) - Around 25,000 airline passengers are suffering disruption as Luton Airport near London remains closed because a vehicle fire caused a car park to collapse.

Read more
10 Oct 2023 16:55

LONDON MARKET CLOSE: FTSE 100 has best day since November 2022

(Alliance News) - Global equities bounced on Tuesday as risk appetite returned to the market, despite hostilities in the Middle East continuing, as dovish words from Federal Reserve officials restored investor confidence.

Read more
9 Oct 2023 16:56

LONDON MARKET CLOSE: Stocks suffer amid Israel conflict

(Alliance News) - Oil majors and defence contractor BAE Systems helped shield the FTSE 100 from a deeper decline on Monday, as global equities struggled as events in Israel meant it was a risk-off start to the new week.

Read more
9 Oct 2023 15:40

London close: Stocks slip into red on growing Middle East concerns

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.