25 FEBRUARY 2013

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Article from BTNews 25 FEBRUARY 2013

easyJet, Moscow and Stelios

Interesting times for easyJet with the introduction of Moscow services imminent and founder Sir Stelios Haji-Ioannou, resident in Monaco, seemingly not happy with the huge financial awards the present management has given him.  He sees caution, staying with the present fleet, and even a reduction in size.  Carolyn McCall, CEO, and her team, whilst not exactly signing on the dotted line, are in serious negotiations to replace many of the present aircraft. 

An attempt by the Haji-Ioannou family to oust present (and outgoing in the summer) Chairman Sir Michael Rake, was defeated at last week’s AGM.  Sir Stelios thinks Ms McCall is overpaid, but failed to turn up at the gathering to personally put his case.

The Moscow services, daily from Gatwick, and four times per week from Manchester, starting 17 and 28 March respectively, are said to be selling well – 50/50 UK/Russia at the south London airport and 60/40 from Manchester.  The airline says it is very pleased with the web take up from the Moscow end, which has surprised everyone.  The carrier will fly into Domodedovo Airport, now Moscow’s largest and with a direct non-stop train service towards the city centre (£7 each way approx).  It is also the home of oneworld. www.easyjet.com

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