London — Stelios Haji-Ioannou, easyJet’s founder and biggest shareholder, has intensified his battle with the airline’s management over a huge aircraft order with Airbus which he says it should cancel.

Haji-Ioannou said in a statement that he had told the airline he would not provide it with any new equity until it terminates a £4.5bn deal with Airbus. He said he tried to change the company’s stance by calling for the removal of two of its directors...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.