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The word "strain" (L.14) means strategy.
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The word "puzzling" (L.5) is synonymous with baffling.
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The speculation that Sir Stelios may be trying to drive down easyJet's share price is unlikely to be true.
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Sir Stelios hinted that unless Sir Colin Chandler complied with his plans of reversing easyJet's policy of investing available funds to support the airline's growth, he would reassume the chairmanship.
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Aside from the number of airships operating together, easyJet seems better placed than its competitors to ride out the storm.