Daily Updates: easyJet grounding & related items

easyJet

9th July 2020

easyGroup Questions for the easyJet General Meetingn

At the shareholders meeting on 22 May 2020, easyGroup asked the Chairman of easyJet three questions. The answers given, or not given, raise important points for today’s General Meeting.
Please click here to view the full statement.

16th June 2020 

Stelios fights back as furious airline easyJet considers legal action

The Daily Mail reports that easyJet is considering whether to take legal action against the airlines founder Sir Stelios Haji-Ioannou in the latest twist in the boardroom bust-up.
Please click here to view the full article.

8th June 2020 

Stelios commenting on two more resignations from the easyJet board

Commenting on two further resignations from the easyJet board, airline founder and largest shareholder Sir Stelios Haji-Ioannou said…
Please click here to view the full article.

28th May 2020 

Sir Stelios: easyJet staff are getting to carry the can NOT Airbus

Commenting on the easyJet “capacity update notice” (28 May), airline founder and largest shareholder Sir Stelios Haji-Ioannou said…
Please click here to view the full article.

26th May 2020 

Sir Stelios on Andrew Findlay’s resignation as easyJet CFO

Commenting on Andrew Findlay’s resignation, easyJet founder and largest shareholder Stelios Haji-Ioannou said…
Please click here to view the full article.

22th May 2020 

Stelios and easyGroup on easyJet voting fraud 22nd May 2020 at 1200h BST

Please click here to view the full article.

20th May 2020 

Stelios questions to be asked at the easyJet General Meeting on the 22nd May 2020, as at 20th May

Please click here to view the full article.

14th May 2020 

Sir Stelios releases intended libel claim against the Telegraph & Ben Marlow

Please click here to view the full letter.

12th May 2020 

Stelios offering GBP 5m to a whistle-blower about the easyJet/Airbus scandal 11 May 2020

Whistle-blower campaign about the easyJet / Airbus scandal
Stelios is willing to offer a reward of up to £5,000,000 (five million pounds sterling) in cash out of his own money to any whistle-blower who provides useful information that leads to the cancellation of the order for easyJet to buy an additional 107 Airbus aircraft at the cost of £4,500,000,000 (i.e. £4.5 billion) which easyJet simply cannot afford. Just email in full confidence (anonymously if you prefer) to easyJet-airbus-scandal@stelios.com and Stelios will review your email.
Please click here to view the full article.

7th May 2020 

Airbus strawmen should not vote on the 22nd of May 20

Following the announcement by three minor easyJet nominee shareholders ostensibly speaking for around 14% of the shares trying to keep the board scoundrels in their jobs so they can keep paying more money to Airbus, easyJet founder Sir Stelios Haji-Ioannou, speaking for 34% of the shares said:

“I am absolutely convinced that these three people are straw men for Airbus money trying to keep this order in place…
Please click here to view the full article.

2nd May 2020 

Message from Stelios and easyGroup creator and owner of the easy family of brands (easy.com) to other easyJet shareholders

Why the easyJet directors must not be allowed to pay billions of our shareholders’ equity to AIRBUS.
Why you should VOTE YES to remove 4 out of 11 easyJet directors at the General Meeting called for the 22 May 2020.
Please click here to view the full presentation.

1st May 2020 

Stelios & easyGroups latest letters on the easyJet/Airbus grounding Collection of letters between Stelios & easyJet

Please see letters below:
30/04/2020 – Gunnercooke llp letter to easyJet
30/04/2020 – Gunnercooke Letter
20/04/2020 – Letter to easyJet
20/04/2020 – easyJet PLC Aircraft Deferral Transaction with Airbus
20/04/2020 – Complaint Relating to easyJet PLC

29th April 2020 

The Stelios legal team write to the regulator to stop the short sellers from voting at the general meeting

Please click here to view the full letter.

28th April 2020 

27th April 2020 

Proposed claim for judicial review against the Financial Conduct Authority (“FCA”) by Sir Stelios Haji-Ioannou and easyGroup Holdings Limited

Please click here to view the article

27th April 2020 

Stelios’ short press release on 27 April 2020

On the occasion of obtaining an easyJet shareholder vote for the 22nd of May , 2020 to remove the four directors, whom we regard as scoundrels, from the easyJet board Sir Stelios said:

“I wish to congratulate the scoundrels on getting a second job. Their official circular that defends their current positions and keeps the Airbus scandal in place, makes them sound just like an Airbus chief marketing officer. I hope the second job pays better than the first because they will be losing that one pretty soon.

“The scoundrels have not said that they can save easyJet from bankruptcy and keep paying Airbus. Cancelling the Airbus contract is the only chance we have to save easyJet.”

Please click here to view the full statement

24th April 2020 

Stelios’ comments in response to questions by The Mail on Sunday as at 24 April 2020

Please click here to view the full statement

23rd April 2020 

Stelios & easyGroup latest on the easyJet/Airbus scandal 23 April 2020

Please click here to view the documents:
Stelios 1000 words for the easyJet notice of general meeting 23 April 20
Stelios and easyGroup request to easyJet under section 811 and 803 dated 22 April 20

18th April 2020 

Stelios Statement on the easyJet/Airbus scandal 18 April 2019

Stelios’ reply to the Sunday Times about John Barton assertions.
Please click here to view the full statement.

16th April 2020 

Stelios Statement on the easyJet/Airbus scandal 16 April 2020

Commenting on the easyJet 2020 H1 trading update released on the 16April 2020 , the airline’s founder and largest shareholder Sir Stelios Haji-Ioannou said:
Please click here to view the full statement.

14th April 2020 

Stelios sends complaint to the FCA (the regulator of the stock markets) regarding the behaviour of the directors of easyJet.

Stelios has hired a hard hitting legal team of Simon Bushell and Ben Jaffey to expose the deficiencies in the easyJet announcement of the 9th of April 2020 about “deferring” 24 aircraft deliveries from Airbus.

The long argument can be seen in the letter attached link but in short the “new deal with Airbus” must be put to a shareholder vote.

The scoundrels at easyJet do not have the corporate authority to cut such a deal given the collapsed share price and the monumental size of the Airbus order of c GBP 4.5bn. If the FCA does not force the scoundrels to call a shareholder vote on new deal with Airbus , easyGroup will not hesitate to seek a judicial review.

In plain English that means going to High Court judge to ask for an injunction to require the regulators to do their job properly.

More updates always on www.easy.com

9th April 2020

Comment by Stelios on easyJet and Airbus, 9th April 2020

Please click here to view the full statement.

8th April 2020

easyJet and easyGroup requisition of General Meeting

Please click here to view the full letter.

7th April 2020

Statement from Stelios on Airbus payments and UK government loans

Please click here for the full statement

6th April 2020

Stelios latest statement on easyJet and Airbus 6th of April 2020

Stelios calls for second easyJet director sacking after general meeting snub.
Please click here for the full statement

3rd April 2020

Sir Stelios Haji-Ioannou responds to message from John Barton:

John Barton of easyJet deploying another cheap trick to delay the inevitable by a couple of days. They must know that they have zero shareholder support for their actions that is why they want to delay the vote of the shareholders. We will correct this technical notice asap but shareholders will lose another 3 days.
Please click here to see John Bartons original message.

2nd April 2020

Stelios’ comments on the Credit Suisse research note for easyJet

Please click here to find Stelios’ comments on the Credit Suisse broker research note published today on easyJet.

1st April 2020

easyGroup to easyJet request for general meeting

Please click here to view the full letter.

Media Coverage
03/04/2020
03/04/2020 – Daily Express
03/04/2020 – Daily Mail
03/04/2020 – The I
03/04/2020 – The Sun
03/04/2020 – The Times
02/04/2020
02/04/2020 – The Times
02/04/2020 – dailymail.co.uk
02/04/2020 – nytimes.com
02/04/2020 – AOL.co.uk
02/04/2020 – Flight Global
02/04/2020 – ProActive
01/04/2020
01/04/2020 – bloomberg.com

30th March 2020

Stelios explains timing of easyJet dividends for year ended September 2019

Please click here for Stelios’ statement explaining the timing of the easyJet dividends for the year ended 30th September 2019.
Please click here to find out more.

30th March 2020

Stelios asks easyJet to terminate the Airbus contract

Sir Stelios Haji-Ioannou, easyJet founder and largest shareholder has sent the letter below to the company’s chairman, John Barton concerning payment of the 2019 annual dividend to shareholders.
View PDF version

Media Coverage
31st March 2020
31/03/2020 – Daily Mail
31/03/2020 – Daily Mail (City Editor)
31/03/2020 – Evening Standard
31/03/2020 – Evening Standard (Comment)
31/03/2020 – FT
31/03/2020 – Metro
31/03/2020 – The Daily Telegraph
31/03/2020 – The Guardian
31/03/2020 – The Guardian (Business View)
31/03/2020 – The Times
31-03-2020 – The Times (Robert Lea – Key Points)
31-03-2020 – The Times (Robert Lea – Article)
30th March 2020
30/03/2020 – telegraph.co.uk
30/03/2020 – thetimes.co.uk
30/03/2020 – dailymail.co.uk
30/03/2020 – reuters.com
30/03/2020 – bloomberg.com
30/03/2020 – cityam.com
30/03/2020 – sky.com
30/03/2020 – standard.co.uk
30/03/2020 – theguardian.com
30/03/2020 – telegraph.co.uk (starts at 09:24)
30/03/2020 – Financial Times

23rd March 2020

easyJet/Airbus – The elephant in the room

Commenting on recent media coverage of easyJet and the Covid-19 emergency, the airline’s founder and biggest shareholder Sir Stelios Haji-Ioannou said…
Click here to find out more

Media Coverage
24/03/2020 – Financial Times
24/03/2020 – Daily Mail
24/03/2020 – The Times