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Tuesday, Jul 2
Easyjet (ESYJY.PK) founder Stelios Haji-Ioannou says he's voting against the budget airline's...
Easyjet (ESYJY.PK) founder Stelios Haji-Ioannou says he's voting against the budget airline's plan to buy 135 new Airbus (EADSY.PK) planes because they're not needed and their real cost had been kept secret. Stelios has frequently disagreed with the airline about fleet expansion, and he says there's an "unexplained difference" between the $76M list price Easyjet gave for the planes and the $88M for the same plane published on the Airbus website. The company says it's due to a "very substantial" discount it negotiated with Airbus. Major investors are slated to vote on the deal July 11.