Stelios in Flybe link

THE founder of no-frills airline easyJet, Sir Stelios Haji-Ioannou, is facing a growing volley of questions about his plan to set up a new carrier amid rumours that he could make a move for Flybe.

EasyJet’s board said last week that its biggest shareholder intended to launch Fastjet, prompting it to warn of legal action if he breached agreements.

Tim Coombs at industry consultancy Aviation Economics said: “The secrecy is perhaps an indication that he’s flying a kite, rather than planning anything concrete.”

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