Research Paper (undergraduate) from the year 2009 in the subject Business economics – Business Management, Corporate Governance, grade: 1, New College Durham, language: English, abstract: Easy Jet‘s principal activity is to offer international air transportation services on a low cost basis. The company is a subsidiary of easy Group Holdings Ltd, which owns the “easy“ brand and licenses it to the airline and to other companies. The subsidiaries owned by easy Group IP Ltd include: easy Car, easy Hotel, easy Cruise, easy Mobile and others. Easy Jet plc acquised Go Airlines Ltd. on 16 May, 2002 and GB Airways Ltd. on 25 October, 2007 to continue its expansion throughout Europe. (easy Jet.co.uk, 2009)
The airline focuses on low cost, financial strengths and on high efficiency. Easy Jet plc is present in 27 European and North African countries with 380 different routes, operates on 100 airports all over Europe and carried 51.9 million passengers in 2008. Easy Jet plc made a profit of £ 2, 3 million in the financial year of 2007/08 and is listed at the London Stock Exchange. (easy Jet.co.uk, 2009)
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