Easyjet takeover suitor faces a £1 BILLION bill to use the 'easy' brand name

This is Money- Under a licensing deal, easyJet pays founder Haji-Ioannoump;#39;s easyGroup an annual royalty of 0.25 per cent of the low-cost airlinemp;#39;s revenues to use the mp;#39;easymp;#39; brand name.