If this 4.5 billion pound liability to Airbus is preserved – and not cancelled - by the easyJet board then, I regret to report, easyJet will run out of money around August 2020, perhaps even earlier, i will certainly not be throwing good money after bad. For the avoidance of doubt, I will not inject any fresh equity in easyJet whilst the Airbus liability is in place.

Stelios Haji-Ioannou

I see easyHotel as one of the best, most natural extensions of the 'easy' brand from the airline. EasyHotel is raising money to accelerate growth at a much faster rate than I could have grown it as a private company, whilst enabling me to spend more time on my diversified portfolio of other investments.

Stelios Haji-Ioannou

best me money time

My biggest mistake was when I started up easyEverything, a chain of Internet cafes. The idea that people would go to a shop to use a computer was revolutionary in 1999. It worked for a while, but cheap technology almost killed it. One silver lining of the problems I faced was that it gave me experience of turnarounds.

Stelios Haji-Ioannou

me technology mistake people

I'm not a communist - I believe in the free market and that entrepreneurs should be allowed to take risks because it creates wealth and jobs, but I draw the line at people risking other people's money. That's deplorable.

Stelios Haji-Ioannou

risks money believe people

In America you can be Donald Trump, have a business go wrong, and file for Chapter 11. You can move on, and no one complains. When his casinos were in Chapter 11, he was still on TV telling people how to get rich. I had to persevere for years with easyInternet because I couldn't afford to hurt the brand.

Stelios Haji-Ioannou

you rich business people

I've made mistakes in business, but none so big I couldn't recover and learn from them. The more you try to change consumer behaviour, the riskier it gets. You have to work out your potential losses against the obvious gains.

Stelios Haji-Ioannou

you business change work

I know easyJet is not luxury, but we certainly don't charge for wheelchairs or take away essentials. You have to make the passengers reasonably comfy for the sake of health.

Stelios Haji-Ioannou

know you luxury health

I wanted to be my own boss. I was fascinated by airlines and how I could change travel for the average person. Then I wanted to diversify.

Stelios Haji-Ioannou

boss my-own change travel

My cosmetic range, easy4Men, is not going that well. It's meant to be for the no-nonsense man, but now I don't know if the no-nonsense man exists.

Stelios Haji-Ioannou

now know man meant-to-be

I like organised things. I don't like the corruption and slowness... by Stelios Haji-Ioannou

I like organised things. I don't like the corruption and slowness of Greece.

Stelios Haji-Ioannou

things like greece corruption

The whole concept of the travel agent is absurd. They appear to be agents of the traveller but are actually agents of the airlines.

Stelios Haji-Ioannou

concept absurd whole travel

On reflection, I am always pleasantly surprised when ordinary members of the public stop me in the street to say, 'Thank you,' I guess for making travel and other goods and services affordable to them.

Stelios Haji-Ioannou

i-am me you thank-you

I have a feeling that there is a gap in the food retail market - a niche below some of the current budget operators such as Aldi and Lidl.

Stelios Haji-Ioannou

budget some feeling food

As a self-employed person, the idea of a break is completely foreign to me. If I completely switch off for any period of time, I know I'm going to pay for it several times over. For me, it's a lot better and easier to stay in touch and know what's going on seven days a week than to switch off.

Stelios Haji-Ioannou

better know me time

There are still too many people out there who are claustrophobic. On easyCruise, we are going to open up as many cabins as we can.

Stelios Haji-Ioannou

open going who people

I decided very early on that the way to make a difference in my life and in other people's lives was to give them services and products that are actually for the many and not for the few.

Stelios Haji-Ioannou

my-life life people way