Study Corporate success of EasyJet EasyJet focuses on a cost leadership strategy and differentiation strategy. Central to the ’easy’ philosophy is yield management. The Easy model provides to the customer functional services at the lowest possible price‚ on the basis of the "real value" of the basics of the service provided‚ avoiding any unessential frills. EasyJet was launched in 1995 and was the pioneer in the economical airlines segment. The PESTEL analysis of EasyJet airlines shown in figure 1
Premium Airline Strategic management Marketing
EasyJet is originally discovered by a Greek named Sir Stelios - Loannou in 1995. Initially‚ they started off with two leased aircraft that only flied from Luton to Edinburgh and Glasgow. (Jones‚ 2007) In 1996‚ they replaced the leased aircraft by purchasing four second-hand aircraft. They contracted to buy 12 brand new 737s from Boeing in 1997. They successfully bought 40% of Swiss charter operation‚ Tea Basel AG in 1998.( Sull‚ Kuemmerle and Cabral‚1999‚20-38) In the year 2000‚ easyJet succeeded
Premium Ryanair London Gatwick Airport Airline
look of easyJet and will also discuss an analytic research that was made to demonstrate aspects of the history of the airline‚ along with the marketing strategy and brand strategy used and implemented by the low-budget airline. The strengths‚ weaknesses‚ opportunities and threats‚ known as SWOT analysis‚ will also be illustrated along with the external environment better known as PEST analysis which consists of the political‚ environmental‚ social/cultural and technology factors of easyJet. In addition
Premium Low-cost carrier Airline
Pestle analysis of Easyjet Political Factors Political factors reflect the political stability of the region where Easyjet is operating. OPPORTUNITIES Government grants permission to purchase new Aircrafts. Government guidance and assistance available to travel and tourism businesses. European Countries Collaboration and good relationship making EU politically stable. This stability is a significant advantage for the growth of Easyjet THREATS Airlines which fail to comply with strict
Premium Emissions trading Kyoto Protocol Global warming
Britain S0263-2373(98)00059-0 0263-2373/99 $19.00 0.00 Case Study easyJet’s $500 Million Gamble DON SULL‚ London Business School‚ and Commentators‚ Constantinos Markides‚ Walter Kuemmerle‚ Luis Cabral. This Case Study details the rapid growth of easyJet which started operations in November 1995 from London’s Luton airport. In two years‚ it was widely regarded as the model low-cost European airline and a strong competitor to flag carriers. The company has clearly identifiable operational and marketing
Premium Airline London Gatwick Airport Low-cost carrier
EasyJets History Timeline The humble beginnings of EasyJet started in 1995‚ when Sir Stelios Haji-loannou founded the company‚ with the purpose of offering low cost flights across Europe. October of that year saw the first base being opened at Luton Airport‚ with the first flight taking off on November 10th to Glasgow. The following year in 1996 saw Easyjet conduct its very first international flight‚ initially starting with flights to Amsterdam‚ shortly being followed by Nice and Barcelona. 1996
Premium Airline Southwest Airlines Low-cost carrier
As mentioned before‚ Europe has around three thousand short-haul airlines meaning that the competition of easyJet can be very wide. Although‚ the main threat in terms of competition for easyJet is the low-cost Irish company named Ryanair. This company bases its competitive strategy in “cost leadership” approach (supply same service at lower cost) and is double the size of easyJet in terms of profit. It covers the main destinations of Europe offering around 27 different countries and main cities in
Premium Competition Germany Strategic management
MALAYSIA AIRPORTS CORPORATE DIPLOMA IN AIRPORT MANAGEMENT STRATEGIC BUSINESS DEVELOPMENT INDIVIDUAL ASSIGNMENT Submitted to : Prof. Dr. Zaini Abdullah ------------------------------------------------- NAME: ZAINUDDIN ABU NASIR I/C NO: 630617-02-5109 Question Choose a business story from the current business press that involves a firm or an industry in strategic change. Give an Executive Summary of the story‚ in 500-600 words‚ bringing out the significance dimension from a resource-based
Premium Airline Malaysia Airlines Kuala Lumpur
References: Boddy‚ D. 2008. Management: An Introduction (4th ed.) London: FT Prentice Hall. Burnes‚ B. 2004. Managing Change: A Strategic Approach to Organizational Dynamics‚ 4th ed. Harlow‚ Essex: Pearson Education. Collinson‚ D. 1992. Managing the Shop floor. Berlin: Walter De Gruyter. David‚ F‚ (2001)‚ Strategic Management: Concepts & Cases‚ Prentice Hall: Upper Saddle River.
Premium Airline Low-cost carrier Avianca
EasyJet is Europe’s leading low-cost‚ no frills airline. When it was created eight years ago‚ easyJet was a bold new venture aiming to change the rules of its market. Since its first flight in November 1995‚ the airline has grown from a Luton base offering two routes from Luton to Glasgow and Edinburgh‚ served by two Boeing 737 aircraft‚ to one that offers 125 routes from 39 European airports‚ operating 72 aircraft (November 2003). The phenomenal growth of easyJet was boosted by its merger with Go-fly
Premium Airline Low-cost carrier Southwest Airlines