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Easy name may go in Stelios row

16 May 2010

Easyjet has drawn up plans to drop the Easy name if it cannot resolve a bitter row with the airline’s founder, Sir Stelios Haji-Ioannou.

The company could until recently have revived Go, the name used by the low-cost airline set up by former British Airways executive Barbara Cassani. Easyjet bought Go in 2002 but sold the brand last year for $1m (£688,000).

A simmering dispute between Stelios and the company exploded on Friday, with Stelios resigning from the board. He said he had stepped down to speak freely about his concerns with the way the company was being run. “‘The gag is off,’” he said. He accused Andy Harrison, the chief executive, of pursuing a reckless expansion programme and buying too many aircraft.

source: Times Online