Originally Posted by
116d
It was obvious that he wasn't going to 'get what he wanted'. The easyJet board were not going to cancel those orders in just a couple of days. This whole thing looks like a distraction and diversion which easyJet management and directors could do without, right now.
Obviously, no one knows what the future size and shape of any major airline may be, and any financial recovery is certain to involve cancellation or deferral of capital expenditure. There may well be a glut of decent second-hand aircraft from carriers that don't make it, which could be more attractive that new frames? Maybe 'new' easyJet will shrink naturally to a size that suits Stelios? But, who knows?
Stelios is obviously a very smart guy, but this action, at the present time, looks rather self-indulgent, unnecessary and very unhelpful.