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Words: | Submitted: Mon Jun 19 2006
... the company in 1985. EasyJet- EasyJet is Europe's leading low-cost airline. 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 in August 2002, making the combined company Europe's Number 1 low cost airline. In October 2002, the airline signed a deal to purchase 120 Airbus, which will facilitate the airline's ongoing growth strategy. During the financial year to 30 September 2003, the company reported pre-tax profits of £52.0 million on a turnover of £932 million and carried 20.3 million passengers. The airline's shares were formally admitted to the London Stock Exchange on 22 November 2000 at a price of 310 pence per ...
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