EasyJet row worsens as founder threatens to sue airline's executives Sir Stelios Haji-Ionnou has warned the airline will run out of money by "around August" if a £4.5bn Airbus order is not cancelled.

Sir Stelios Haji-Ionnou has warned the airline will run out of money by "around August" if a £4.5bn Airbus order is not cancelled.

The founder of easyJet has warned he will sue executives at the airline if they spend a "penny" on a £4.5bn order for new planes.

Sir Stelios Haji-Ionnou said going ahead with the Airbus deal could result in easyJet failing to repay £600m in government loans on time - and described the purchase as "a misuse of taxpayers' money".

He has previously warned that the company will run out of money by "around August" if the order is not cancelled.

On Wednesday, he renewed...
source: The Sky News

2020-04-08 07:47
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