O'Leary apologises to Stelios over Pinocchio ads
16.07.10
Ryanair chief executive Michael O'Leary has apologised to Sir Stelios Haji-Ioannou, the founder of easyJet, for including his photograph in four adverts with the addition of an extra long nose. The adverts depicted Sir Stelios as Pinocchio, suggesting he was lying about easyJet's punctuality, Sir Stelios sued for libel and the case was settled out of court yesterday.
The ‘Pinocchio’ adverts were published in the Daily Telegraph and the Guardian in January and February. Mr O'Leary said yesterday: ‘We are happy to apologise to Stelios for including his photograph and referring to him personally in the advert about easyJet's missing weekly punctuality statistics. Since he was not responsible for easyJet's decision to stop publishing these on-time statistics, it is only fair and reasonable that we say sorry and pay him damages and his legal costs, rather than waste court time on this issue.’
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