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easyJet’s bout of Steliosis eases

21-Jan-2009

easyJet founder and largest shareholder, Sir Stelios Haji-Ioannou, has withdrawn demands that he appoint two directors to the carrier’s board. Stelios' original request follows a growing row with his fellow Directors, the central issue being the pace at which the airline should be seeking to grow in the face of the deepening recession. [1699 words]

Unlock the following content in this report:

Subheadings:

  • ...but remains concerned about the carrier's large aircraft orders
  • Seeking additional aircraft financing for future deliveries
  • Strong traffic growth in challenging operating environment
  • Continues aggressive market-share driven campaigns
  • Launches 14 new routes across Europe; new aircraft to be based at Liverpool and Manchester
  • New online foreign exchange service

Graphs and data:

  • easyJet fleet delivery plan: 2009 to 2012: as at Jan-09
  • Select European airlines' passenger traffic (mill) and passenger growth (year-on-year % change): Dec-08
  • Selected European airlines' load factors (%) and load factor growth (year-on-year % change): Dec-08
  • Select European carriers' passenger numbers and passenger numbers growth on European services in 2008
  • easyJet Summer 2009 expansion
  • easyJet route expansion from London Gatwick
  • easyJet total revenue per seat: year-on-year change
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