EasyJet and easyGroup reached agreement over the terms of the ‘easyJet’ brand license, resolving a 2-yr. brand dispute and ending litigation in the UK High Court.
EasyJet 737-700. EasyJet and easyGroup reached agreement over the terms of the ‘easyJet’ brand license, resolving a 2-yr. brand dispute and ending litigation in the UK High Court. EasyJet will retain worldwide rights to the use of its name but will pay airline founder and easyGroup Chairman Stelios Haji-Ioannou an annual royalty of 0.25% of its revenues. The rights will continue for a 50-yr. term, with a minimum commitment of 10 years. The payment is capped at £3.9 ...
Subscribe to Access this Entire Article
"EasyJet, Haji-Ioannou reach agreement on easyJet name" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.
