Stelios Haji-Ioannou
Older than 7 days

EasyJet founder calls for removal of non-executive director

Easyjet Airbus A320
Easyjet Airbus A320, © Airbus

Related News

LONDON - Stelios Haji-Ioannou, the founder of easyJet, has called for a board meeting to remove independent non-executive director Andreas Bierwirth.

The British budget airline said it had received the request and was considering its response. "Shareholders are advised to take no action at this time," it said.

EasyJet has been under pressure from its founder who asked in a letter on Sunday for it to cancel or renegotiate a 4.5 billion pound ($5.6 billion) order for 107 Airbus planes because the extra aircraft would destroy shareholder value.

Haji-Ioannou, who along with his family owns about a third of easyJet's shares, has been a long-time critic of the airline's plans, saying it was putting expansion before profit growth.
© Reuters, aero.uk | 02/04/2020 10:54


Comments (0) Go Home

To write a comment, please sign up at aero.uk or log in.

Headlines

Community

Discussions on current events and developments in the aviation industry

Pilot Jobs at "SkyJobs.com by SkyTest®"

Special: Flight Training

Most Read

PaxEx.com Passenger Experience

There are new
stories at aero.uk

Reload main page