EasyJet Founder Amplifies Calls To Nix Airbus Order | Aviation International News

EasyJet Founder Amplifies Calls To Nix Airbus Order

Stelios Haji-Ioannou said he wants EasyJet’s CFO removed as part of an effort to abandon an A320neo order.

By Cathy Buyck • Contributor - Europe

April 6, 2020

Stelios Haji-Ioannou, who founded EasyJet and whose family holds a 34 percent share in the UK low-cost carrier, said Monday he will solicit support from other shareholders to terminate a contract with Airbus for “107 additional useless aircraft.” In a two-page statement, Haji-Ioannou called the termination of the £4.5 billion Airbus contract for A320-family jets the “only way to preserve the value for all shareholders and all the bondholders too.”

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

Partners Sought for a New Approach to VLJ Design

Piero Jet III promises short-field performance breakthrough with midsize jet range

Piero Jet III very light jet

Ethiopia Receives First Russian Su-35 Fighters

Two of up to twelve jets delivered amid escalating local conflict

Prime minister standing in front of Su-35

BAE Systems and Bombardier Start Combat Air Collaboration

New framework agreement focuses on future combat air capabilities

Bombardier Global 6000 in hangar

Archangel Ascends: Special Missions Falcon 8X Delivered

French signals intelligence aircraft delivered to Évreux Air Base

Modified grey Falcon 8X on tarmac

Boise Pilatus Dealer First To Reach 300 PC-12 Deliveries

Ceremony doubled as a 30th anniversary for Western Aircraft

Western Aircraft has delivered its 300th new Pilatus PC-12, a PC-12 PRO, along with its 30th PC-24, in a ceremony marking 30 years as a Pilatus center.

Canada Receives First F-35 Fighter In Low-Key Handover

Final decision over full future fighter fleet remains unconfirmed

Grey F-35A on ramp

Full-scale Moya 256 eVTOL Makes First Transition Flight

Brazilian start-up aims to fly its larger 760 prototype by year-end

Moya’s 256 cargo eVTOL flies during testing in Brazil.

Electra’s Ultra Short Demonstrator Lands at Manhattan Heliport

Hybrid-electric aircraft made public display at Downtown Skyport

Electra's EL2 UltraShort in New York