News

Stelios Announces New Fastjet Airline

Stelios Announces New Fastjet Airline

Irish Travel Trade News understands that easyJet founder Sir Stelios Haji-Ioannou’s recently announced new airline, Fastjet, will be a venture designed to market unsold seats on charter aircraft.

This was mentioned at IT&CMA, currently taking place in Bangkok and being attended by ITTN, after keynote speaker Jennie Chua, Chief Corporate Officer of CapitalLand Ltd, finished her address on ‘Leadership in Times of Uncertainty and Crisis’ with the suggestion that a new business opportunity in these uncertain times could be a clearing house to sell all those unused tickets on budget airlines. “I don’t know how to do it,” she added, “otherwise I wouldn’t be standing here but would be outside setting up the company!”

Stelios stepped down from the easyJet board last year and has been in dispute with the airline, in which he and his family still own a 38% share through his easyGroup company. EasyJet has asserted that it has several rights under its agreement with easyGroup and that it seeks “constructive dialogue” with the group and Stelios, but also that it will take “necessary action” if any Fastjet activity infringes easyJet’s rights.

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NEIL STEEDMAN has been a trade journalist, copywriter, editor and proofreader for 52 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 42 years.

More in News

Singapore Airlines Voted World’s Best Airline at Skytrax Awards

Neil SteedmanJuly 18, 2018

Finnair Extends ATTS Contract to Represent Airline in Northern Ireland

Michael FloodJuly 17, 2018

George Best to Overlook Donegall Square from New Belfast Hotel Rooftop

Neil SteedmanJuly 17, 2018

New Air France Business Lounge at Paris-CDG

Neil SteedmanJuly 17, 2018

Join Oceania Cruises for Lunch in Belfast or Dublin

Michael FloodJuly 17, 2018

Great Value Travel Deals – 17th July 2018

Sarah SlatteryJuly 17, 2018

CAR Issues Ceased to Trade Notice Re Premier Irish Golf Tours

Neil SteedmanJuly 17, 2018

Jason Kearns Joins Qatar Airways as Sales Executive

Neil SteedmanJuly 17, 2018

Amadeus Achieves IATA Level 3 NDC Certification as an Aggregator

Neil SteedmanJuly 17, 2018

Copyright © 2016 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland