EasyJet founder to oppose $13bn Airbus deal

EasyJet founder and biggest shareholder Stelios Haji-Ioannou said he will vote against a management plan to buy 135 Airbus SAS jets valued at $13.2 billion, citing a lack of transparency to the transaction.

1st July, 2013
EasyJet founder and biggest shareholder Stelios Haji-Ioannou.

EasyJet founder and biggest shareholder Stelios Haji-Ioannou said he will vote against a management plan to buy 135 Airbus SAS jets valued at $13.2 billion, citing a lack of transparency to the transaction.

“It is my firm opinion that this is a good deal for Airbus and a bad deal for EasyJet shareholders,” Stelios said in a letter to fellow investors in Europe’s second-largest discount carrier.

The founder, who said he expects the...

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