Easyjet News Page 47
Stelios calls for emergency easyJet meeting
easyJet founder Sir Stelios Haji-Ioannou is calling an emergency meeting of shareholders this week in a bid to stop the budget carrier’s “overzealous” expansion plans. The call comes as the airline’s new boss has hinted a third party will be called in to review the company’s business model.
easyJet launches eight new winter routes
easyJet, the UK’s largest and best value airline, is launching eight new routes for winter 2010.
Stelios takes easyJet to High Court
easyJet founder Sir Stelios Haji-Ioannou is taking to the witness box today in his High Court battle against the airline over a brand licence disagreement. Stelios, who recently resigned as a director but remains a significant shareholder, is suing easyJet over allegedly overstepping a brand licensing agreement.
Stelios plans to turn easyJet into travel agency
Sir Stelios Haji-Ioannou has drawn up plans to use the easyJet name to launch an online travel agency, if the low-cost airline he founded changes its name.
easyJet unveils technology to defeat ash cloud
easyJet has unveiled a radar system that will allow airlines to safely fly around ash clouds. The device incorporates infra-red technology that highlights potentially damaging particles within a 100km radius, thereby enabling the pilot to change course and continue their journey safely.
easyJet launches first UK route to Sweden
easyJet, the UK’s largest and best value airline, is launching its first ever route to Sweden from the UK.
Flights selling fast following confirmation of BA strikes
easyJet, the UK ’s largest and best value airline, has sold half of its available flights from the UK over the BA strike dates since action was first proposed.
Stelios offers to drop branding in return for £3m
easyJet founder Sir Stelios Haji-Ioannou has offered to drop his long-running dispute with the budget airline over the use of the easy brand if it agrees to pay him £3m a year in royalties.
easyJet may change name in Stelios row
The acrimonious departure of Stelios Haji-Ioannou from easyJet’s board could lead to the low-cost carrier dropping the word “easy” from its name. The airline has already drawn up contingency plans if it cannot find a resolution to the bitter dispute with the founder.
EasyJet welcomes coalition agreement to reform Air Passenger Duty
Commenting on the Conservative Liberal Democrat coalition agreement, easyJet’s Chief Executive Andy Harrison said:..
Ash hits profits at TUI Travel
TUI Travel – Europe’s largest tour operator – has reported a widening of financial losses for the first half of 2010, partially driven by disruption caused by volcanic ash. Also reporting today, easyJet has revealed ash disruption will cost between £50m and £70m, forcing the low-cost carrier to reduce earnings expectations for 2010.