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The founder of easyJet is selling shares in the airline for the first time since 2015 amid continuing tensions with its board about a multibillion pound aircraft order.

Sky News has learnt that the concert party of shareholders comprising Sir Stelios Haji-Ioannou and members of his family sold a chunk of stock for £13m on Friday.

The disposal, which takes Sir Stelios's stake down to just under 33%, comes three weeks after the tycoon lost a bid to oust four easyJet board members.

Since that extraordinary general meeting was held on 22 May, the company's finance chief has resigned anyway, along with two non-executive directors - including deputy chairman Charles Gurassa.

The news of Sir Stelios's decision to sell easyJet shares for the first time in nearly five years has emerged on the day that the airline formally launched a joint legal action with Ryanair and British Airways' parent company, International Airlines Group, to force the government to scrap its 14-day quarantine for passengers arriving in the UK.

Like other carriers, easyJet has announced plans to axe thousands of jobs because of the coronavirus pandemic.

Sir Stelios wants the company to abandon a £4.5bn order with Airbus for new planes and has publicly predicted that the company will go bust unless it does.

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The tycoon, who founded easyJet in 1995 before floating it five years later, has offered a £5m "bounty" for information from a whistleblower that leads to the order being cancelled.

A filing about the change in Sir Stelios's concert party's shareholding is expected to be disclosed by the London Stock Exchange later on Friday or early next week.

A spokesman for easyGroup declined to comment.