Easybus flotation 'to be delayed'

EasyJet founder Stelios Haji-Ioannou has decided to hold back a flotation of low-cost travel business easyBus, it was reported today.

The Greek-Cypriot billionaire, best known for founding easyJet, is to delay a public listing until at least 2012 despite making a profit for the first time last year, the Sunday Telegraph said.