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Sir Stelios Haji-Ioannou, founder and owner of the easy family of brands (www.easy.com), has made a comment on the announcement by easyJet PLC released to the markets at 1618 on 9 April 2020.
Stelios comment at 1722h on the 9th of April 2020 :
I strongly believe the directors of easyJet are in breach of the market abuse regulations by not disclosing the payments made and to be made from easyJet to Airbus this year. They are not being transparent with their investors and they are putting at risk £600m of UK taxpayers’ money by paying Airbus during the next 6 months of zero revenues. I consider this to scandalous.
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Sir Stelios Haji-Ioannou, easyJet founder and largest shareholder, has made a statement on Airbus and easyJet and UK government loans, which can be found on www.easy.com.
Statement from Stelios on Airbus payments, easyJet and UK government loans
More information always updated on www.easy.com
easyGroup is the creator and owner of the easy family of brands and largest shareholder of easyJet PLC, however, I left the board of easyJet in 2010 in order to pursue shareholder activism. I have generally been at odds with the various directors from time to time and the way they are running the company, particularly about them ordering more and more planes from Airbus.
Read more: The latest statement from Stelios on Airbus and easyJet and UK government loans
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Stelios calls for second easyJet director sacking after general meeting snub.
Read more: Stelios calls for second easyJet director sacking after general meeting snub
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Anglo-Suisse Capital Limited
easyGroup requests easyJet general meeting