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EasyJet founder loses bid to oust management in strategy showdown

The company logo is seen on the tail of an Easyjet plane at Manchester Airport in Manchester
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LONDON (Reuters) - EasyJet founder Stelios Haji-Ioannou failed in his attempt to oust the airline's top three bosses on Friday, giving it a brief respite in its battle for survival during the coronavirus pandemic.With air travel brought to a halt and easyJet planes parked up around the world, Haji-Ioannou had stepped up his public campaign for management to scrap a $5.6 billion order for 107 new Airbus planes that he says they cannot afford.A virtual shareholder meeting was called for the..
Date Published: May 22, 2020
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