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Stelios Haji-Ioannou backs Apollo’s proposed takeover of easyJet

In-Cyprus · 2026-08-06

AI SUMMARY

• What happened: Sir Stelios Haji-Ioannou announced his support for Apollo's proposed takeover of easyJet, stating he and his family will remain shareholders in the private company that would emerge if the airline is delisted from the London Stock Exchange. • Why it matters: Haji-Ioannou's backing highlights confidence in Apollo's plans for easyJet, which he believes will create new growth opportunities for the airline, reinforcing the value of the easy brand. • What to watch next: Monitor developments regarding Apollo's acquisition process and any strategic changes easyJet may implement under new ownership.

Business airlinesTop News Stelios Haji-Ioannou backs Apollo’s proposed takeover of easyJet Easyjet G Ezfy 15may19 Ltn Id 90 Relevant News Stelios Haji-Ioannou backs Apollo’s proposed takeover of easyJet 6 August 2026 Teen found seriously injured beside e-bike in Limassol 6 August 2026 Overnight pharmacies on Thursday, August 6 6 August 2026 newsroom 6 August 2026 FacebookXWhatsAppEmailPrintViber Sir Stelios Haji-Ioannou said he and his family will support Apollo’s proposed acquisition of easyJet and intend to remain shareholders in the private company that would be created if the airline is delisted from the London Stock Exchange. In a statement, Haji-Ioannou said the decision followed careful consideration of Apollo’s proposal, which was announced by easyJet’s board. He said he founded easyJet in 1994, at the age of 27, as the first company in the easy family of brands. The airline was listed on the London Stock Exchange in 2000 to raise funding for fleet expansion, which has grown from 19 aircraft at the time of the listing to around 356 today. Haji-Ioannou also said he chose to retain ownership of the easyJet trademark through his private company, easyGroup Ltd. He said ownership of the easy family of brands has provided a steady source of income over the past 26 years, which he now uses to fund the charitable work of the Stelios Philanthropic Foundation. He welcomed Apollo’s plans for easyJet, saying they aim to create new growth opportunities for the airline. He added that Apollo’s decision to invest in easyJet, which he described as the leading member of the easy family of brands, reinforces the value of the easy brand and the strength of easyGroup’s business model. Haji-Ioannou said he and his family intend to remain significant long-term shareholders in easyJet, supporting the company’s next chapter. Subscribe to our Newsletter Latest News Teen found seriously injured beside e-bike in Limassol Overnight pharmacies on Thursday, August 6 Yellow heat warning issued for Cyprus as temperatures hit 40C on Friday Iran warns Gulf states: tell Trump to desist or we hit you hard Paphos steps up fire patrols after spate of blazes Water supply to be cut in central Limassol on Friday during network works Larnaca Airport reopens arrivals road access after minister’s intervention Follow en.philenews on Google News and be the first to know all the news about Cyprus and the world.

Source: In-Cyprus
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