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Stelios sells shares to protest easyJet strategy

EasyJet founder Stelios Haji-Ioannou has sold some of his easyJet shares to warn management against further aircraft purchases.

easyJet A319. Courtesy, easyJet EasyJet founder Stelios Haji-Ioannou has sold some of his easyJet shares to warn management against further aircraft purchases. Haji-Ioannou, together with his brother and sister, sold a total of 600,000 shares—or just under 37%—sending a “clear message” to the company’s directors. The stake is worth almost £1.3 billion. Conversely, in 2008, he bought shares to gain influence. “If the board places another ...

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