easyJet is an airline operating under the low-cost carrier model. The Company operates domestic and international scheduled services on over 820 routes in more than 30 countries. The key points of its business model are high aircraft utilisation, quick turnaround times, charging for extras (such as priority boarding, hold baggage and food) and keeping operating costs low.

Type
Public
HQ
London, GB
Founded
1995
Size (employees)
11,655 (est)+14%
Easyjet was founded in 1995 and is headquartered in London, GB
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Key People/Management at Easyjet

Carolyn McCall

Carolyn McCall

CEO
Chris Brocklesby

Chris Brocklesby

CIO
Cath Lynn

Cath Lynn

Group Commercial Director: Markets, Network & Pricing
Kyla Mullins

Kyla Mullins

Group General Counsel and Director of Corporate Governance

Easyjet Office Locations

Easyjet has offices in London, Milan, Geneva, Hamburg and in 18 other locations
London, GB (HQ)
Hangar 89, Luton Airport Luton
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Easyjet Financials and Metrics

Easyjet Financials

Easyjet's revenue was reported to be £4.67 b in FY, 2016 which is a 0.4% decrease from the previous period.
GBP

Revenue (FY, 2016)

4.7 b

Revenue growth (FY, 2015 - FY, 2016), %

(0.4%)

Net income (FY, 2016)

427 m

EBITDA (FY, 2016)

667 m

EBIT (FY, 2016)

498 m

Market capitalization (31-Oct-2017)

5.3 b

Closing share price (31-Oct-2017)

13

Cash (30-Sep-2016)

969 m

EV

4.4 b
Easyjet's current market capitalization is £5.3 b.
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.8 b2.4 b2.7 b3 b3.5 b3.9 b4.3 b4.5 b4.7 b4.7 b

Revenue growth, %

6%4%0%

Operating expense total

1.6 b2.3 b2.6 b2.8 b3.2 b3.5 b3.8 b3.9 b4 b4.2 b

EBITDA

206.2 m137.9 m119.9 m290.1 m359 m436 m609 m687 m826 m667 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

719.1 m632.2 m812.9 m935 m1.5 b883 m1 b1 b945 m969 m

Accounts Receivable

168.4 m139.5 m155.5 m73.7 m81 m120 m92 m58 m58 m57 m

Current Assets

1.2 b1.4 b1.5 b1.5 b1.7 b1.3 b1.4 b1.3 b1.3 b1.5 b

PP&E

935.8 m1.1 b1.6 b1.9 b2.1 b2.4 b2.3 b2.5 b2.9 b3.3 b
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

152.3 m83.2 m71.2 m121.3 m225 m255 m398 m450 m548 m427 m

Cash From Operating Activities

270.8 m296.2 m134.5 m363.4 m424 m261 m616 m394 m609 m387 m

Dividends Paid

308 m180 m219 m

Cash From Financing Activities

(128.9 m)5.9 m440.2 m232.8 m246 m(309 m)197 m(526 m)(161 m)123 m
GBPY, 2016

EV/EBITDA

6.6 x

EV/EBIT

8.8 x

EV/CFO

11.3 x

Financial Leverage

2 x
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Easyjet Operating Metrics

Y, 2013Y, 2014Y, 2015Y, 2016

Available Seat Kilometers

74.22 b79.53 b83.85 b87.72 b

Block Hours

799.48 k849.79 k892.05 k934.22 k

Passenger Load Factor

89.3%90.6%91.5%91.6%

Routes

633 675 735 803
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Easyjet News and Updates

Easyjet soars while housebuilders temper blue chip index gains

The FTSE 100 index has ended the day up 0.34 per cent, as Easyjet continued to climb after directors scooped up shares earlier this week. However the FTSE 100's close, at 7,164 points, was substantially lower than last Friday's close of 7224 points. BP helped to nudge the blue chip index up du…

EasyJet Is Transforming the German Market With Launch of Domestic Routes

Yes, Air Berlin was ostensibly competition for Lufthansa. But for a long time, Air Berlin was a weakened competitor. Now that Easyjet has taken over some of Air Berlin's assets, the German market could be transformed. -Brian Sumers

Easyjet to buy Air Berlin's Tegel operations for 40 mln euros

Oct 27 (Reuters) - Britain's Easyjet said on Friday that it has agreed to buy part of Air Berlin's operations at Berlin Tegel Airport for 40 million euros ($46.43 million).

The German government buys time for bankrupt Air Berlin after investor Etihad bails

The German government threw Air Berlin a lifeline after the country’s second largest airline filed for bankruptcy due to its biggest shareholder, Etihad Airways, pulling…

Easyjet founder pledges half of fortune to charity

  Stelios Haji-Ioannou, the founder of Easyjet, has signed up to the Giving Pledge, promising to give half of his fortune to charity. Haji-Ioannou signed up to the Giving Pledge last month with 13 other individuals and couples from countries including Australia, the US, Slovenia, China, and Norway. …

Are catamarans cool again? We take to the Ionian Sea to find out

Snobbery is a terrible thing and I can’t deny a sliver of it myself. Particularly when it comes to yachts I imagine myself owning. I wouldn’t be seen dead on a catamaran. Clumsy, squat, and gauche. The caravan of the sea. However I needed to put my snobbery aside to negotiate my next fix of saili…
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