Easyjet to hold general meeting to discuss plans
These include resolutions proposed by Sir Stelios Haji-Ioannou
The board of easyJet has announced it will hold a general meeting on May 22 to consider resolutions by founder Sir Stelios Haji-Ioannou who wants the company's chief executive and chairman to be ousted.
EasyJet chairman John Barton said: "The board of easyJet firmly believes that holding a general meeting is an unnecessary distraction at a time when the airline industry is facing unprecedented challenge.
"The resolutions to remove the directors are an attempt to force easyJet to terminate its Airbus contract.
"This is not in the best interests of the company or its shareholders as a whole."
Published: by Radio NewsHub