easyJet

OverviewSuggest Edit

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

TypePublic
Founded1995
HQLondon, GBMap
Websiteeasyjet.com
Employee Ratings4.3More
View Jobs (9)

Recent NewsAll News

Latest Updates

Employees (est.) (Sept 2019)15,000(+3%)
Job Openings9
Revenue (FY, 2018)£5.9 B(+17%)
Share Price (May 2020)£499.3 (+4%)

Key People/Management at easyJet

John Barton

John Barton

Non-Executive Chairman
Charles Gurassa

Charles Gurassa

Non-Executive Deputy Chairman and Senior Independent Director
Johan Lundgren

Johan Lundgren

Chief Executive Officer, Director
Andrew Findlay

Andrew Findlay

Chief Financial Officer, Director
Ella Bennett

Ella Bennett

Group People Director
Catherine Bradley

Catherine Bradley

Independent Non-Executive Director
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easyJet Office Locations

easyJet has offices in London, Naples, Milan, Venice and in 5 other locations
London, GB (HQ)
Hangar 89, Luton Airport Luton
Meyrin, CH
Route de l'Aéroport 5
Naples, US
Naples, FL, USA
Show all (9)

easyJet Financials and Metrics

easyJet Revenue

easyJet's revenue was reported to be £5.90 b in FY, 2018 which is a 16.9% increase from the previous period.
GBP

Revenue (FY, 2018)

5.9b

Revenue growth (FY, 2017 - FY, 2018), %

16.9%

Net income (FY, 2018)

358.0m

EBIT (FY, 2018)

460.0m

Market capitalization (15-May-2020)

2.0b

Closing stock price (15-May-2020)

499.3

Cash (30-Sept-2018)

1.0b
easyJet's current market capitalization is £2 b.
Annual
GBPFY, 2016FY, 2017FY, 2018

Revenue

4.7b5.0b5.9b

Revenue growth, %

8%17%

Cost of goods sold

3.8b

Gross profit

1.2b
Half Year
GBPH1, 2018

Revenue

2.2b

Cost of goods sold

2.2b

Gross profit

(18.0m)

Gross profit Margin, %

(1%)
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GBPFY, 2016FY, 2017FY, 2018

Cash

969.0m711.0m1.0b

Accounts Receivable

57.0m275.0m111.0m

Current Assets

1.5b1.7b2.0b

PP&E

3.3b3.5b4.1b
show all
GBPFY, 2016FY, 2017FY, 2018

Net Income

427.0m305.0m358.0m

Cash From Operating Activities

387.0m663.0m961.0m

Purchases of PP&E

(549.0m)(586.0m)

Cash From Investing Activities

(541.0m)(7.0m)
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GBPY, 2018

Revenue/Employee

403.8k

Financial Leverage

2.1 x
Show all financial metrics

easyJet Operating Metrics

FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017Jan, 2018Feb, 2018Mar, 2018H1, 2018Apr, 2018May, 2018Jun, 2018

Passengers

61.33 m65.35 m69.83 m74.45 m80.20 m5.16 m5.52 m6.55 m36.80 m7.45 m7.79 m7.90 m

Passenger Load Factor

89.3%90.6%91.5%91.6%92.6%88.4%93%93.4%91.1%93.4%93.3%95.4%

Revenue per Seat

£62 £63 £62 £58 £58 £54

Available Seats

79.90 m86.70 m40.40 m
Show all operating metrics

easyJet Revenue Breakdown

Embed Graph

easyJet revenue breakdown by geographic segment: 44.7% from United Kingdom , 22.7% from Northern Europe , 31.1% from Southern Europe and 1.5% from Other

easyJet Online and Social Media Presence

easyJet's Trends

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easyJet News and Updates

May 13, 2020

EasyJet, Germanwings lose legal fight against EU's Italian airport ruling

Easyjet and Lufthansa's Germanwings on Wednesday lost their challenge against an EU ruling ordering Italy to recover illegal state aid granted to airlines serving Sardinia.
April 16, 2020

EasyJet Boosts Cash Reserves To Survive A Nine-Month Grounding Of Its Fleet

UK budget airline easyJet believes it has been decisive in putting in place measures to meet the challenges of the coronavirus pandemic and is well positioned to ride out a prolonged grounding of its aircraft.
April 08, 2020

EasyJet founder seeks to oust directors over Airbus plane order

EasyJet's founder Stelios Haji-Ioannou demanded on Wednesday a shareholder vote to remove two directors, as part of his battle to try to force the British airline to cancel an order for 107 Airbus planes.
April 08, 2020

EasyJet founder continues battle over $5.5 billion Airbus order

EasyJet founder Stelios Haji-Ioannou continued his battle to force the British airline to cancel an order for 107 Airbus planes, making a new demand on Wednesday for a shareholder vote and threatening to sue its directors.
April 08, 2020

Easyjet founder accuses airline of misusing taxpayer money

The founder of budget airline Easyjet Sir Stelios Haji-Ioannou has once again lashed out at the firm, saying the carrier’s The post Easyjet founder accuses airline of misusing taxpayer money over Airbus deal appeared first on CityAM.
April 07, 2020

Easyjet founder threatens to sue bosses over Airbus contract

Easyjet founder Sir Stelios Haji-Ioannou has threatened to sue the company’s board as the spat over a £4.5bn order of The post Easyjet founder threatens to sue bosses over Airbus contract appeared first on CityAM.
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 easyJet Frequently Asked Questions

  • When was easyJet founded?

    easyJet was founded in 1995.

  • Who are easyJet key executives?

    easyJet's key executives are John Barton, Charles Gurassa and Johan Lundgren.

  • How many employees does easyJet have?

    easyJet has 15,000 employees.

  • What is easyJet revenue?

    Latest easyJet annual revenue is £5.9 b.

  • What is easyJet revenue per employee?

    Latest easyJet revenue per employee is £393.2 k.

  • Who are easyJet competitors?

    Competitors of easyJet include Flybe, Norwegian Air Shuttle and Pegasus Airlines.

  • Where is easyJet headquarters?

    easyJet headquarters is located at Hangar 89, Luton Airport Luton, London.

  • Where are easyJet offices?

    easyJet has offices in London, Naples, Milan, Venice and in 5 other locations.

  • How many offices does easyJet have?

    easyJet has 9 offices.