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easyJet: carrier founder to try to avoid takeover bid

London, United Kingdom - He does not sell its stake to Icelandair

easyJet founder, Stelios Haji-Ioannou streamlined the chances of low-cost Icelandair to buy its carrier yesterday: Iannou unveiled in fact that he would not be interested in selling any of his stake to Icelandair and European Union rules should limit foreign ownership of easyJet to 40 per cent. The British airline founder also underscored that he had a lot of control over the company, which could avoid...

AVIONEWS - World Aeronautical Press Agency - 107858
Rome, Italy, 11/17/2004 12:57
AVIONEWS - World Aeronautical Press Agency

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