EasyJet founder and major shareholder Stelios haji-Ioannou has threatened to sue the EasyJet’s executives if it went ahead with a £4.5bn plane order from Airbus.
Ioannou said he would start legal action if it spent ‘a penny’ on new planes. He singled out the CFO suggesting that the reason he wants to borrow £600m from the UK government to carry it through the coronavirus crisis is to pay Airbus.
He went on to say that the loan was as a misuse of taxpayers money and said that the Airbus order might result in the airline failing to repay the money to the UK government.
Suffering a dispute can have serious implications on you and your livelihood and reputation. Our business solicitors will quickly and efficiently put your case together and act on your behalf. Call Vijay Srivastava or Shalish Mehta in our civil and commercial litigation department on 0161 624 6811(Option 6) or email firstname.lastname@example.org or email@example.com. We can advise you on the appropriate course of action and assist with any legal documents or proceedings that may occur.
Latest posts by Shalish Mehta (see all)
- Dua Lipa facing fresh copyright lawsuit over hit song Levitating - 5th August 2023
- Budget retailer Wilko on brink of collapse with 12,000 jobs at risk - 3rd August 2023
- Three brothers win court battle with tennis coach sister over mother’s £1m will - 29th July 2023
- Virgin Media O2 announces plans to slash up to 2,000 jobs - 26th July 2023
- Burger van chef wins fight to keep £5m inheritance from customer - 21st July 2023