Flight from Berliner

A Guardian employee writes in regarding the news that the Guardian Media Group chief exec is going into the aviation industry: "I see Carolyn McCall is going to easyJet. Apparently her strategy is to give away all the seats for free - they will get millions more passengers, and will, er, somehow make revenues at some point, from something or other...."

Separated at birth?

Might Stelios's spirited legal department be calling the number on the card?

Fancy that!

"What's good for Stelios, however, isn't necessarily good for other shareholders. I don't agree that easyJet is being incautious. Not paying dividends conserves cash and the company can easily delay major airline deliveries if it wishes," Damian Reece, Daily Telegraph, November 15, 2008.

"But [easyJet’s] lack of returns can’t continue. Either pay a dividend or boost earnings. Either way, I reckon it’s time for a re-think, don’t you?" Damian Reece, Daily Telegraph, December 11, 2008.