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The long-running war between the easyJet board and the airline’s founder and largest shareholder, Sir Stelios Haji-Ioannou, has erupted again.

Sir Stelios has sent a letter to the easyJet board to call for a shareholders’ meeting to vote on the removal of Sir David Michels as a director.

This latest initiative by Sir Stelios is part of his campaign to get the company to limit its purchases of new planes and pay a dividend.

source: This is Money

Airline-industry earnings suffered the first year-to-year decline for two years in the three months to June as fuel costs rose and capacity increases outstripped demand, according to International Air Transport Association.

Early figures for 16 carriers showed operating profit shrinking by one-third and net income tumbling by almost two- thirds. North America, the Asia-Pacific region, and Latin America are all showing declines, while European earnings advanced only because traffic disruption caused by a volcanic ash from Iceland crimped profit last year.

source: Boston.com

Australia’s Civil Aviation Safety Authority (CASA) has warned passengers to avoid checking some types of electronic devices into an aircraft’s hold.

The organization said that passengers would see additional screening since lithium batteries, used to power items such as laptops, mobile phones, cameras and iPods, have been linked to a rise in dangerous goods incidents onboard airplanes in recent years.

It said that given certain conditions, the new type of battery is more susceptible to starting a fire as the energy contained in them is greater than that found in previous types of rechargeable or dry cell batteries.

source: Independent.co.uk

Passengers on a budget airline last weekend were treated to the surreal experience of having a Royal prince in their midst.

Shunning the usual VIP treatment, Prince Harry took an easyJet flight home from Edinburgh with several other guests who had been attending the wedding of his cousin, Zara Phillips.

The story of Prince Harry’s cost-saving flight from Edinburgh to London came to light when rugby star and fellow passenger Olly Barkley, 29, posted a message on Twitter.

source: News Letter