EASYJET AIRLINE

Easyjet Airline

Easyjet Airline

Introduction

EasyJet Airline Company Limited is an airline's international cost -based AirportLondon Luton. EasyJet is owned by easyJet holdings limited, whose majority shareholder is Stelios Haji-Ioannou and is domiciled in the British Crown Dependency of the Isle of Jersey .Other shareholders are Polys Haji-Ioannou and Iceland air.

EasyJet operates 580 routes across Europe, and 104 between Europe and North African airports, selling directly to the user by Internet or by phone without having to go through travel agents. Recently, several online travel websites (atrapalo and others) allow easyJet flight reservations on their own pages using the technology of scrapping (Denault, 2009, pp. 1301-03).

To reduce costs, easyJet outsources much of its activities to other companies, does not include the price of food on flights while there hot and cold food and drinks and gifts at lower prices than at the airport for sale, does not emit tickets, all seats of their planes are class tourist and distributed free-seating (no seat assignment). The shipment is done by priority groups, usually granted by the order in which passengers billed their luggage. Unlike other low cost carriers, easyJet flies to major European airports. Like other low cost, charges a supplement to your passengers check their baggage), as it is illegal in Spain. In Spain, the company has outsourced the service to certain companies and Flight care (subsidiary of the FCC), Menzies Aviation, Clever or Airport services, responsible for billing and ramp. EasyJet belongs to the Association of European Airlines Low Cost, or ELFAA, in the acronym (European Low Fares Airline Association).

Expansion

EasyJet has expanded rapidly since its founding, largely because of its many acquisitions. Its expansion has also been helped by an increase in consumer demand for low cost flights.

The company was founded on October 18, 1995 by Stelios Haji-Ioannou, made ??its inaugural flight from London-Luton on 10 November of that year, bound for Glasgow. By then he had leased the aircraft and staff and it was not until April 1996 when he bought first airplane owned. This year also began international flights from London to Amsterdam, Nice and Barcelona. In October 1997, the company received its Air Operating Certificate.

In March 1998, easyJet acquired a 40% stake in Swiss charter airline TEA Basle AG, amounting to three million Swiss francs. The company was renamed EasyJet Switzerland and commenced operations as a franchise on April 1, 1999, having moved his headquarters to the international airport of Geneva, the first aircraft based outside the United Kingdom. In 2001, EasyJet opened its base at Gatwick in London, and between 2003 and 2007, as many in Germany, France, Italy and Spain, gaining a significant presence in Europe. On 16 May of 2002, easyJet announced its intention to buy rival airline, London Stansted, valued at 374 million pounds, Go Fly, the low-cost subsidiary of British Airways. EasyJet inherited three new bases as well: In the International Airport Bristol, East Midlands and London Stansted. The acquisition nearly doubled the number of Boeing 737-300 in the fleet of the company.

On 25 October 2007 announced the agreement to purchase the entire share capital of GB Airways Ltd, a franchise of British Airways. The treatment resulted in 103.5 million pounds and was used to expand EasyJet operations and to open a new base at the airport in Manchester .Were added 19 new destinations from London Gatwick Airport and the Manchester Airport. EasyJet was floated on the floor of London in 2000 (Higgins, 2009, ...