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Sir Stelios urged to stop attacking EasyJet

14 July 2011

One of EasyJet’s biggest institutional shareholders has called on Sir Stelios Haji-Ioannou, the airline’s founder and largest shareholder, to either stop attacking the company or make a bid for it if he is not happy with the way it is run.

Sir Stelios, who controls 38 per cent of the airline’s shares, has reignited his dispute with EasyJet by demanding the board call a shareholder vote over the airline’s plans to buy new aircraft from Airbus.

He demanded it halt any payments to the European aircraft maker for those aircraft until it has addressed his concerns.

source: FT.com

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