Easy Jet holdings, who own 12.6% of the holdings of Fastjet have requested an general meeting. The meeting has been sought to propose a resolution to remove Colin Child as a director and from the board of the Company with immediate effect.
Obviously Stelios is unhappy that Colin Child has still not appointed a new CEO and the company has not yet published its financial results for last year. Rumors are that remaining operating capital is down to less than $19 million