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easyJet annual report and accounts 2020 & AGM requisition

easyJet has today published its 2020 annual report and accounts in advance of the AGM called for 23 December 2020.
Please click here to view the full report.

Sir Stelios: easyJet’s results are just financial jiggery-pokery

Commenting on easyJet’s 2020 full year financial report, airline founder and largest shareholder, Sir Stelios Haji-Ioannou said:
“The scoundrels’ absurdly upbeat message and misleading numbers about how much money they lost in just six months of Covid is in stark contrast to the facts…
Please click here to view the full statement.

Stelios stands firm on easyJet Airbus “strawmen” dispute after court ruling

Commenting on a High Court judgement published earlier today, Sir Stelios Haji-Ioannou ( owner of the easy family of brands and easyJet’s founder and largest shareholder) has criticised its “letting off the hook” of the Daily Telegraph and journalist Ben Marlow.
Please click here to view the full statement.

easyJet scoundrels have surrendered to the Airbus kings of corruption

Commenting on easyJet’s pre-close statement, the airline’s founder and largest shareholder, Sir Stelios Haji-Ioannou said:
“The easyJet scoundrels must stop squandering shareholders’ money on buying 100 more planes when 75% of the current fleet (337 planes) is just sitting idle on the tarmac.
Please click here to view the full statement.

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.

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.

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.

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.

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.

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

Please click here to view the full article.

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.

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

Please click here to view the full letter.

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.

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.

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.

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

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.

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

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

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

Please click here to view the full statement

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

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.

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.

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

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

Airbus was convicted by a UK Crown Court on 31st January 2020 for bribing airline executives around the world to buy more aircraft than their airlines could profitably fly while paying higher prices per plane than an open and fair market price would warrant

The judgement and associated statement of fact can be found here.

• Director of the Serious Fraud Office v Airbus SE-1 Airbus court decision UK – 31/01/2020
• Regina the crown v Airbus – Statement of Facts

Media Coverage

• 29/01/2020 – Airbus agrees 3.6bn euro deal settle – The Times
• 29/01/2020 – Payout gives Airbus soft landing – The Times
• 01/02/2020 – Airbus agrees 1bn high court deal to settle corruption claims – The Times
• 11/02/2020 – How slush funds, ‘success payments’ and lavish hospitality landed Airbus with a €3.6bn fine – Telegraph