The Greek-Cypriot entrepreneur was one of the many shareholders to vote in favour of an order for new Airbus planes at yesterday's shareholder meeting, sources told the
The purchase - which was later confirmed by the plane maker - consists of 56 A320neo as well as the upsizing of 18 A320neo into A321neo.
The deal's total value is said to be around
"We're pleased with the strong support that shareholders have shown today by approving the resolution," said chair
The fleet's renewal has been a reason for contention for almost 10 years, as the entrepreneur - who quit
In addition to vehemently rejecting the proposal, Haji-Ioannou tried to get rid of several executives including chief executive
In 2020 he warned he would sue senior management, calling them "scoundrels" and accusing them of "squandering shareholders' money".
The olive branch comes at a delicate time for
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