Extending the easy business model Allen v.d Merwe Characterising the easyGroup business model According to the case study‚ ’Easy Group is a privately owned investment venture owned by Stelios Haji-loannou’ with Stelios founder of Easyjet in 1995. Since the founding of Easyjet‚ it has grown rapidly to a number ventures with each venture falling under the "low cost/ low price management concept model" (Easy group business model assessment‚ 2008). There are a few other low-cost ventures under the easy
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EasyJet EasyJet Airline Company Limited headquartered at London Luton Airport is the UK’s largest budget airline measured by number of passengers carried‚ operating domestic and international scheduled services. Easy Jet has grown through a combination of acquisitions and base openings fuelled by consumer demand for low-cost air travel. Ryanair another budget airline is currently Easyjet’s biggest competition. EasyJet has adapted cost-cutting measures such
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Using Ansoff’s matrix‚ analyse the strategies that a business can use to market its products or services .Explain how a business can select an appropriate strategy As a famous Irish airline‚ Ryanair is known for its low-priced airline services. This company has currently become the largest low-cost airline in Europe. In the mission statement of Ryanair‚ it clarifies that this business will continue providing ‘low-fare-no-frills’ flight services in order to become the most successful low-cost airline
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brand and the way the brand owner defines what the brand stands for overlap as much as possible. EasyJet derives the most from the perceived quality. “The perceived quality refers to; A customer’ opinion of a product’ value to him or her. It may have little or nothing to do with the product’s market price and depends on the product’s availability to satisfy his or her needs or requirements”1 Easyjet is really focusing on this aspect because they are expanding and they are already flying to 129 destinations
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http://www.ryanair.com/doc/investor/Strategy.pdf STRATEGY Ryanair’s objective is to firmly establish itself as Europe’s leading low-fares scheduled passenger airline through continued improvements and expanded offerings of its low-fares service. Ryanair aims to offer low fares that generate increased passenger traffic while maintaining a continuous focus on cost-containment and operating efficiencies. The key elements of Ryanair’s strategy are: Low Fares. Ryanair’s low fares
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Strategic Management Ryanair has grown to be the leading European low cost airline (Figure 1) since its foundation in 1985. This essay analyses a Ryanair case study (Durham University Business School case study) and seeks to assess Ryanair’s competitive strategy‚ success factors‚ distinctive capabilities
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and strategic alliances‚ foreign subsidiaries‚ and direct foreign investment. THE ISSUES DETERMINING VIRGIN EXPRESS ’S SUCCESSION IN EUROPE: The factors that would determine whether virgin Express could have succeeded in Europe if Ryanair or Easyjet had gone out of businesses are: sociocultural forces‚ economic and financial forces‚ legal and regulatory forces‚ and physical and environmental forces. Other than these factors‚ competing in time and getting access to the required routes and infrastructure
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Despite an increase in operating costs in 2010‚ Easyjet has achieved a remarkable performance compare to 2009. It has reinforced its position in short-haul travel aviation increasing its market share from 6.5% to 7.6%. Additionally‚ its total revenue per seat grew by 5.1&capacity measured in seat flown. Easyjet also managed to lower its underlying pre-tax loss increasing its cash-flow by million to million Table of Content Introduction I/ Easy Jet : General Overview II/ Comparison
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Task 2 For this project I have compared prices of the return flight to Dublin from London Luton airport in August‚ September and November low-cost airlines company called Ryanair. I was looking for the closest times I could get for 7AM‚ 1PM and 6PM leaving the following day‚ in 30 days time and leaving in 3 months time. Date affect from 10 th of January 2014. Results are presented in table and chart below. London Luton to Dublin Dublin To London Luton August 16th‚ Saturday 06:35 - 07:50
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References: list 1. Lecture : Pricing and Costing 2. easyJet Airlines: Small‚ Lean‚ and with Prices that Increase over Time (Oded Koenigsberg Columbia Business School 0 Columbia University‚ New York‚ NY 10027- ok2018@columbia.edu 3. http://www.britishairways.com/cms/global/microsites/ba_reports0809/pdfs/Strategy.pdf 4. http://www.london.edu/facultyandresearch/research/docs/CM_04-904.pdf 5. EasyJet Pricing Strategy: Should Low-Fare Airlines Offer Last-Minute Deals? (Coauthor(s):
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