The ongoing feud between easyJet and its founder rumbled on today as the British airline’s chairman denied its directors were riding the “gravy train”.

Low-cost airline easyJet today announced a deal to end its long-running row with founder Stelios Haji-Ioannou and secure its use of the “easy” brand.

The rift between easyJet and Stelios Haji-Ioannou deepened today after the airline’s millionaire founder refused to back the company’s accounts.