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Words: | Submitted: Tue Jan 23 2007
... virgin group. Branson has a conglomerate of more then 200 media, travel and entertainment businesses. Virgin carries up to 4 million passengers a year. Their profit before tax in 2005 is £37,000 and a totally revenue of £1,342,300(m). EasyJet another popular airline based in the UK is not as widely spread as BA and Virgin are. EasyJet deal with flights in the UK and Europe and are known for their cheap ticket prices, resulting in 29 million passengers choosing to travel with EasyJet each year. EasyJet made a profit of £68(m) during 2005, up from £41(m) in 2004. Easy Jet's Chief Executive says: "We've made sound progress in the year with good growth in passenger numbers and revenue" (www.easyjet.co.uk) British Airways performance is higher in comparison to Virgin and EasyJet. A key to BA's success of them being market leaders may be because BA being on the international scene. BA holds a partnership ...
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