EasyJet shareholders approve Airbus aircraft acquisition

by | Jul 20, 2022

EasyJet shareholders have approved the purchase of 56 Airbus A320neo family aircraft and conversion of 18 A320neo family aircraft to A321neo aircraft.
At a general meeting earlier on Wednesday, 99.95% of votes were cast in favour of the acquisition.

Chair Stephen Hester said: “The board believes the aircraft purchase will support positive returns for the business and the delivery of our strategic objectives.

“We’re pleased with the strong support that shareholders have shown today by approving the resolution.”

The Financial Times reported before the vote that founder Stelios Haji-Ioannou was preparing to call a truce in a long-running and bitter battle with the airline’s management and support the purchase of the new aircraft.

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