EasyJet plc: Difference between revisions
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{{Infobox airline | |||
| airline = EasyJet plc | |||
| logo = EasyJet logo.svg | |||
| image_size = | |||
| traded_as = {{ubl|{{lse|ezj}}|[[FTSE 250 Index|FTSE 250]] component}} | |||
| IATA = | |||
| ICAO = | |||
| callsign = | |||
| founded = {{start date and age|df=yes|1995}} by Sir [[Stelios Haji-Ioannou]] | |||
| headquarters = Hangar 89, [[London Luton Airport]], [[Luton]], England, UK | |||
| key_people = {{ubl | |||
|[[Stephen Hester]]<br/>([[Chairman|Non-executive chairman]])<ref>{{cite web|url=https://corporate.easyjet.com/about/management/board-of-directors|title=Board of Directors|publisher=Easyjet|access-date=18 March 2022}}</ref> | |||
|[[Johan Lundgren (businessman)|Johan Lundgren]]<br/>([[Chief executive officer]]) | |||
}} | |||
| revenue = {{increase}} £5,769 million (2022)<ref name=ar>{{cite web |url=https://corporate.easyjet.com/~/media/Files/E/Easyjet/pdf/investors/results-centre/2022/annual-report-2022.pdf|title=Annual Report 2022|publisher=easyjet |access-date=16 February 2023}}</ref> | |||
| operating_income = {{increase}} £3 million (2022)<ref name=ar/> | |||
| net_income = {{increase}} £(169) million (2022)<ref name=ar/> | |||
| parent = [[EasyGroup]] (33.73%)<ref name=ar/> | |||
| num_employees = 13,000 (2023)<ref name=what>{{cite web|url=https://corporate.easyjet.com/about/what-we-do|title=What we do|publisher=easyjet|access-date=16 February 2023}}</ref> | |||
| frequent_flyer = Flight Club | |||
| subsidiaries = [[EasyJet UK]]<br />[[EasyJet Europe]]<br />[[EasyJet Switzerland]] (40%)<br />EasyJet Holidays | |||
| bases = *[[Belfast International Airport|Belfast–International]] | |||
*[[Birmingham Airport|Birmingham]] | |||
*[[Bristol Airport|Bristol]] | |||
*[[Edinburgh Airport|Edinburgh]] | |||
*[[Glasgow Airport|Glasgow]] | |||
*[[Liverpool John Lennon Airport|Liverpool]] | |||
*[[Gatwick Airport|London–Gatwick]] | |||
*[[Luton Airport|London–Luton]] | |||
*[[Manchester Airport|Manchester]] | |||
| fleet_size = 326<ref>planespotters.net April 2023</ref> | |||
| website = {{Official URL}} | |||
}} | |||
easyJet plc operates as an airline carrier primarily in Europe. It also leases aircrafts, as well as operates tours; and provides financing services. As of September 31, 2021, the company operated 927 routes with approximately 308 aircrafts in 34 countries; and 153 airports. It sells seats through its own website www.easyjet.com and its easyJet Worldwide' platform, its mobile application, global distribution systems, corporate online booking tools, content aggregators, and tour operator. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom. | easyJet plc operates as an airline carrier primarily in Europe. It also leases aircrafts, as well as operates tours; and provides financing services. As of September 31, 2021, the company operated 927 routes with approximately 308 aircrafts in 34 countries; and 153 airports. It sells seats through its own website www.easyjet.com and its easyJet Worldwide' platform, its mobile application, global distribution systems, corporate online booking tools, content aggregators, and tour operator. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom. | ||
Revision as of 17:28, 19 July 2023
 | |
| Founded | 1995 by Sir Stelios Haji-Ioannou |
|---|---|
| Operating bases | |
| Frequent-flyer program | Flight Club |
| Subsidiaries | EasyJet UK EasyJet Europe EasyJet Switzerland (40%) EasyJet Holidays |
| Fleet size | 326[1] |
| Parent company | EasyGroup (33.73%)[2] |
| Traded as | |
| Headquarters | Hangar 89, London Luton Airport, Luton, England, UK |
| Key people | |
| Revenue |  £5,769 million (2022)[2] |
| Operating income | £3 million (2022)[2] |
| Net income | £(169) million (2022)[2] |
| Employees | 13,000 (2023)[4] |
easyJet plc operates as an airline carrier primarily in Europe. It also leases aircrafts, as well as operates tours; and provides financing services. As of September 31, 2021, the company operated 927 routes with approximately 308 aircrafts in 34 countries; and 153 airports. It sells seats through its own website www.easyjet.com and its easyJet Worldwide' platform, its mobile application, global distribution systems, corporate online booking tools, content aggregators, and tour operator. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.
Operations
How did the idea of the company come about?
EasyJet originated from its founder Stelios Haji-loannou who became interested in the idea of establishing an airline after initially being approached by Virgin Atlantic as a potential investor. Stelios particularly liked the business model of adapting prices to make air travel competitive with more traditional methods of transport such as buses. He believed this would welcome many more customers that usually didn't choose to fly.[5]
Stelios then went to on to set up EasyJet in 1995, employing 70 people. Stelios also established the easyJet headquarters known as easyLand built at Luton airport who offered Stelios a 15,000 square feet building to help the new company. Initially easyJet flew just two routes from Luton to Edinburgh and to Glasgow, supported by the advertising campaign "Making flying as affordable as a pair of jeans - £29 one way".[6]
The first international flight came in April 1996 when easyJet satrted the route to Amsterdam, competing with British Airways and KLM. These two competitors had different responses to the emergent company with BA sticking to their strategy whereas KLM allegedly responded with a "predatory pricing strategy" which led to the EU investigating.[5]
What's the mission of the company?
EasyJet's strategy is to make low-cost travel easy. The mission is to build on easyJet's "structural advantages" in the European aviation market.