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Easyjet

January 30, 2015

British airline Monarch has said it expects to return to profit this year following a multi-million pound rescue package by Greybull Capital family office, which purchased the firm in October.

British airline Monarch has said it expects to return to profit this year following a multi-million pound rescue package by Greybull Capital family office, which purchased the firm in October.

The Luton-based airline was reportedly on the brink of collapse before Greybull Capital, headed by the Meyohas brothers, injected £125 million (€166 million) in October in exchange for a 90% stake.

January 22, 2013

Some big family businesses have been divesting or restructuring their shareholdings this week; easyJet founder Stelios Haji-Ioannou sold a “symbolic” stake in the airline, while Orascom Construction Industries secured the biggest investment into Egypt since the start of the Arab spring and is now preparing to float on the Dutch stock exchange.

Some big family businesses have been divesting or restructuring their shareholdings this week; easyJet founder Stelios Haji-Ioannou sold a “symbolic” stake in the airline, while Orascom Construction Industries secured the biggest investment into Egypt since the start of the Arab spring and is now preparing to float on the Dutch stock exchange.

February 11, 2009

The recent column by Albert Jan Thomassen, “When owners pilot the plane” does a good job of discussing the problems that entrepreneurs such as Stelios Haji-Ioannou, founder of EasyJet, face in working with a management team and a board of directors.

The recent column by Albert Jan Thomassen, "When owners pilot the plane" does a good job of discussing the problems that entrepreneurs such as Stelios Haji-Ioannou, founder of EasyJet, face in working with a management team and a board of directors.

But there are deeper issues beyond differences in their perceptions of risk management and growth rate that business families must address with their owners' group, management teams and boards.

December 18, 2008

Stelios Haji-Ioannou, founder and non-executive board member of EasyJet, also comes from a business owning family. He has publicly criticised the management of the British low-cost airline and refuses to approve the 2007 annual report.

Stelios Haji-Ioannou, founder and non-executive board member of EasyJet, also comes from a business owning family. He has publicly criticised the management of the British low-cost airline and refuses to approve the 2007 annual report.

With a 27% stake, he is the major shareholder. In his opinion, the management of EasyJet is wrong in its plan to further expand the airline while the number of travellers is going down globally.

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