EasyJet
EasyJet From Wikipedia, the free encyclopedia. (Redirected from Easyjet) Jump to: navigation, search easyJet IATA U2 ICAO EZY Callsign Easy Founded 1995 Hubs London Luton Airport Basel Airport Edinburgh Airport Glasgow International Airport London Stansted Airport Berlin-Schönefeld International Airport Liverpool John Lennon Airport London Gatwick Airport Newcastle Airport Belfast International Airport Dortmund Airport Nottingham East Midlands Airport Geneva Cointrin International Airport Orly Airport Bristol International Airport Fleet size 114 (by end of 2005) Destinations 67 Parent company easyJet Airline Company PLC Headquarters Luton, England, United Kingdom Key people Andrew Harrison (CEO) Website www.easyjet.com
The title of this article begins with a capital letter due to technical restrictions. The correct title is easyJet.
easyJet is a low cost airline officially known as easyJet Airline Company PLC. The company is based at London Luton Airport. It operates frequent scheduled services for leisure and business passengers and serves more than 200 routes between more than 60 European airports. It was founded by easyGroup entrepreneur Stelios Haji-Ioannou, but it is now listed on the London Stock Exchange and easyGroup owns only a minority stake. It is a constituent of the FTSE 250 Index. Contents [hide]
* 1 Strategy * 2 History * 3 Hubs * 4 Destinations * 5 Fleet * 6 Booking * 7 Passenger numbers * 8 Other facts of interest * 9 External links
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Strategy
easyJet and its Republic of Ireland based rival Ryanair are by far the largest low cost airlines in Europe, and the rivalry between them is intense and sometimes vituperative (especially on Ryanair's side from its high profile chief executive Michael O'Leary). The two companies have slightly different strategies. easyJet flies mainly to leading airports while Ryanair uses far more secondary airports to reduce costs. easyJet places more focus on attracting business travellers as well as leisure travellers, although all its aircraft have single-class cabins.
Ryanair makes much of the fact that easyJet's average fares are higher and its average punctuality is consistently lower, but this is largely an automatic result of the different range of airports used. As of September 2005 Ryanair flies more passengers, but easyJet has a higher turnover, leading both of them to claim to be "Europe's number one low cost airline". easyJet is less profitable and has consistently had a much lower market capitalisation. [edit]
History
The airline was established on 18 October 1995 and started operations on 10 November 1995. It was launched by Stelios Haji-Ioannou with two leased Boeing 737-200 aircraft wet leased from GB Airways and operating two routes: London Luton to Glasgow and Edinburgh. Its early marketing strategy was based on 'making flying as affordable as a pair of jeans' and urged travellers to 'cut out the travel agent'. The latter caused much outrage amongst the travel agents. In March 1998 it purchased a 40% stake in TEA Switzerland, renamed EasyJet Switzerland. EasyJet was floated on the London stock exchange in October 2000. Operations were boosted in 2002 with the acquisition of rival airline, London Stansted based Go Fly. In December 2003 easyJet announced it would open a new hub in Berlin, at Schönefeld Airport, from which it started flying on 11 routes from May 2004. EasyJet's main shareholders include Stelios Haji-Ioannou (27.6%), Polys Haji-Ioannou (15.5%) and Icelandair (10.1%). It also holds a 49% stake in EasyJet Switzerland.
EasyJet is claimed to be a more business-oriented airline than Ryanair, since it flies to major airports (as opposed to secondary airports) and has recently removed limits on hand luggage weight (within reason). [edit]
Hubs easyJet Boeing 737-700 takes off from Bristol International Airport, England Enlarge easyJet Boeing 737-700 takes off from Bristol International Airport, England easyJet Airbus A319 waiting for take-off clearance at Gatwick Airport, England Enlarge easyJet Airbus A319 waiting for take-off clearance at Gatwick Airport, England easyJet Boeing 737 at Amsterdam Schiphol Airport Enlarge easyJet Boeing 737 at Amsterdam Schiphol Airport
easyJet's main base is London Luton (LTN), although its largest is now at London Gatwick. It also has hubs at:-
* Basel (BSL), * Edinburgh (EDI), * Glasgow International Airport (GLA), * Berlin Schönefeld (SXF), * Liverpool John Lennon Airport (LPL), * Newcastle Airport (NCL), * London Stansted (STN), * Belfast International Airport (BFS), * Dortmund Airport (DTM), * Nottingham East Midlands Airport (EMA), * Geneva Cointrin International Airport (GVA), * London Gatwick (LGW), * Orly Airport, Paris (ORY), and * Bristol International Airport (BRS).
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Destinations
A detailed list of cities served can be found in easyJet destinations. [edit]
Fleet
The easyJet fleet consists of the following aircraft (at October 2005):
* 48 Airbus A319-100* (further 64 on order) * 21 Boeing 737-300 * 32 Boeing 737-700
- Does not include 8 aircraft placed with easyJet Switzerland
Like most low cost carriers at the time, easyJet initially operated exclusively Boeing 737 aircraft. In September 2003 it broke with its previous philosophy of operating just one aircraft type by ordering 120 Airbus A319s (and 120 options) with CFM56-5B engines [1]. These were first introduced to easyJet's Geneva base, UK bases followed in 2004. The arrival of easyJet's first flight to Berlin Enlarge The arrival of easyJet's first flight to Berlin
When the last of the Airbus A319s has been delivered in 2007 easyJet still expects to be operating all its 32 Boeing 737-700s and to have completely retired its 737-300s. [2] [edit]
Booking
Initially booking was by telephone only, all the planes were painted with the booking telephone number. There is no incentive for travel agents to sell easyJet bookings because there is no commission, a standard practice for the low cost carriers. When asked about the possibility of Internet sales, Stelios had replied that the Internet was "just for geeks". Later he changed his mind, and easyJet became the first UK airline to offer online booking in April 1998. Internet bookings were priced cheaper than booking over the phone, to reflect the reduced call centre costs. The planes were repainted with the web address. Within a year 15% of bookings were made using the web site, by April 2004 the figure had jumped to 98%. Now, flights can only be booked over the Internet except during the 2 weeks immediately before the flight when telephone booking is also available. easyJet Boeing 737-700 lands at Bristol International Airport, England Enlarge easyJet Boeing 737-700 lands at Bristol International Airport, England
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Passenger numbers
easyJet has published the following passenger numbers:
* Year ended 30 September 2005: 29,557,640 * Year ended 30 September 2004: 24,343,649 * Year ended 30 September 2003: 20,332,973 * Year ended 30 September 2002: 11,400,000 * Year ended 30 September 2001: 7,100,000 * Year ended 30 September 2000: 5,600,000 * Year ended 30 September 1999: 3,100,000
These are "earned seat" numbers. Earned seats is a method of counting passenger numbers which includes all seats sold whether the passenger turns up or not, and also seats used for promotional purposes and staff business travel. [edit]
Other facts of interest
* On 14 December 2004, easyJet and Hotelopia, a subsidiary of First Choice Holidays, launched a co-branded easyJetHotels accommodation booking service. * Due to higher density passenger seating and the enforced extra safety requirement, easyJet's Airbus A319 aircraft have two pairs of overwing exits instead of standard one-pair exits found on all other Airbus A319. This is facilitated by using the A320 centre fuselage section. * easyJet's "earned seats" total for the year to 30 November 2004 was 25,249,936. This was an increase of 21% over the year earlier period. * The UK television station ITV runs a series called "Airline" featuring easyJet and its staff at work at Luton airport.
