EasyJet shares are flying high amid spat Since Carolyn McCall took to the flight deck on July 1 2010, the company's value has increased by 21pc as investors again recognise the strength of the business plan. EasyJet has graduated from being a byword for budget flying into a fully-fledged airline which appeals to holidaymakers and businessmen alike. The focus on flights at reasonable prices with no frills is - at this time of austerity more than ever - a sensible one, and even McCall's new focus on business travellers seems to be paying dividends. It is saddening that this upward trajectory could be derailed by the continued spat between Stelios Haji-Ioannou, the company's founder, and the board over executive compensation and other matters. The stand-off will come to a head at easyJet's annual meeting on Thursday at which it will become clear whether the entrepreneur, who speaks for a 37.4pc stake in the airline, has garnered enough support from other shareholders. Whatever the outcome, the row is not helping easyJet's shares. Transport analysts talk of an approximate 10pc discount which can be applied as a result of Sir Stelios's vocal concerns. Whether or not this is the case, based on its current share price trajectory, easyJet could well be knocking on the door of the FTSE 100 sometime later this year or early next. That would surely outweigh some of the concerns currently being levelled.