The management disarray at EasyJet is shameful and sad. The European budget airline was once a no-frills trend-setter. Now it’s a poster child for how not to run a company. As DJN colleague Kaveri Niththyanathan writes (here’s her story; and blog), EasyJet’s founder, Stelios Haji-Ioannou, appears to be a big part of the problem. If you’ve met Stelios, you’ll know he’s nothing less than a dynamo; this was overwhelmingly positive when the airline was up-and-coming but has become a negative as the company matures. It’s a wonder EasyJet is still going strong, transporting 12.2% more passengers in November than a year earlier – compared with British Airways’ 3.4% decline in the same period. What EasyJet, its employees and its shareholders now need is for its founder and 15.5% owner to take a back seat and just enjoy the ride for a change.
Stelios Haji-Ioannou
Posted by Gabriella Stern
on December 09, 2009
Airlines, Corporate Governance, Management, Transportation, Travel / Comments Off
Airlines, Corporate Governance, Management, Transportation, Travel / Comments Off
