– EasyJet founder Stelios Haji-Ioannou plans to name a truce in a dispute with the British airline’s administration and help the acquisition of 56 new Airbus plane, the Monetary Instances reported on Wednesday, citing an individual accustomed to the matter.
Haji-Ioannou, airline’s largest shareholder, is planning to vote in favor of a multibillion-dollar order with Airbus at a shareholder assembly on Wednesday, in line with the report. (https://on.ft.com/3IPalKd)
Having based easyJet in 1995, Haji-Ioannou give up the board in 2010 and has clashed a number of instances with the administration since.
EasyJet didn't instantly reply to a Reuters’ request for remark.
Final month, EasyJet mentioned it's going to purchase 56 Airbus A320neo plane and convert a earlier order to 18 new A321neo plane, fulfilling choices in a 2013 cope with the European planemaker.
In December 2020, EasyJet agreed with Airbus to defer some deliveries of plane underneath the 2013 deal as a result of the COVID-19 pandemic had put its funds underneath extreme strain.
The plane order had proved a supply of dispute with Haji-Ioannou, who had opposed the funding on the top of the pandemic.
(The story refiles to right day in first paragraph to Wednesday.)
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