EasyJet deputy chairman Sir Colin Chandler (L), Chairman Stelios Haji-Ioannou (C), and Chief executive Ray Webster hold a model of an Easyjet aeroplane as they announce the purchase of rival airline Go-Fly, London, May 16, 2002. [Easyjet sealed the purchase of the budget carrier Go-Fly for £374 million (U.S.544 million dollars), toppling Ryanair as Europe's biggest low-cost airline.]