EasyJet's battle with its founder and biggest shareholder Stelios Haji-Ioannou will come to a head on May 22, when the results of an investor vote on the airline's strategy to stick with a plan to buy more planes will be made public.
) battle with its founder and biggest shareholder Stelios Haji-Ioannou will come to a head on May 22, when the results of an investor vote on the airline’s strategy to stick with a plan to buy more planes will be made public.
But easyJet wants to stick with the order, saying it is important for its future growth, and arguing the company has taken steps to bolster its finances, meaning it can survive the crisis and still take the new planes. EasyJet Chairman John Barton urged shareholders to vote against Haji-Ioannou’s resolutions, calling the meeting itself “an unnecessary distraction”.
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