Belfast Telegraph

Stelios' airline dividend windfall

Sir Stelios Haji-Ioannou will reap a £72m windfall from his family's stake in easyJet after the budget airline he founded bowed to his campaign to pay dividends rather than expand its fleet.

The airline's largest shareholder, with a 38% stake, has locked horns with the easyJet board for the past three years over how to spend its profits.

Sir Stelios resigned from the board last year and, in his latest offensive, called earlier this month for the Rigas Doganis, a non-executive director, to be removed.

Belfast Telegraph