Preview

easyjet

Powerful Essays
Open Document
Open Document
12080 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
easyjet
easyJet
Business Model Analysis
BMAN72801

EasyJet’s Business Model Analysis

Table of Contents
Executive Summary................................................................................................................................. 1
1. The Business Model of EasyJet ........................................................................................................... 2
1.1 Theory ........................................................................................................................................... 2
1.2 Easyjet’s Business Development ................................................................................................... 2
1.3 EasyJet’s Current Business Model................................................................................................. 4
1.3.1 Customer Value Proposition (CVP) ........................................................................................ 4
1.3.2 Key Resources and Key Processes .......................................................................................... 6
1.3.3 Profit Formula ........................................................................................................................ 7
1.4 A Circle of Success ....................................................................................................................... 13
2. Dependencies and Constraints ......................................................................................................... 15
2. 1 Internal and External Dependencies .......................................................................................... 15
2.1.1 Internal Dependencies ......................................................................................................... 15
2.1.2 External Dependencies ........................................................................................................ 16
2.2 Constraints



References: Accenture. (2010) Achieving high performance through collaboration Telepresence Video Conferencing [online] Available at: Aena Aeropuertos. (2013) Price Guide 2013, Aena Aeropuertos. Aeroporti di Roma. (2013) Airport Fees ,Aeroporti di Roma. Airbus . (2013) Dimensions and Key Data [Online].Available at: http://www.airbus.com/aircraftfamilies/passengeraircraft/a320family/a320/specifications/ [Accessed Airfleet. (2013) Airline fleet age [Online]. Available at: http://www.airfleets.net/ageflotte/fleet-agesearch.htm[Accessed 6 November 2013]. AIRFLEET.NET. (2013) Fleet age of easyJet[online].Available at: http://www.airfleets.net/ageflotte/EasyJet.htm[Accessed 6 November 2013]. Airport Technology . ( 2013) Brussels South Charleroi Airport, Belgium. [Online]. Available at: http://www.airport-technology.com/projects/brussels-south-charleroi-airport/ [Accessed 7 December Antwerp Airport . ( 2009) New airport fees from 1 May 2009. [Online]. Available at: http://www.antwerp-airport.be/contentpage_en.php?p=tarieven Aviazionecivile. (2013) Air Europa: America Latina e link Skyteam i punti di forza. [Online]. AZ World Airports. (2013) Antwerp Airport (ANR/EBAW) [Online]. Available at: http://www.azworldairports.com/airports/a1140anr.cfm[Accessed 6 December 2013]. Barlow, G. L. (2000)’Yield management in budget airlines’,Yield Management: Strategies for the Service Industries, pp.198-210. BBC. (2007) easyJet agrees to buy GB Airways [online]. Available at: http://news.bbc.co.uk/1/hi/business/7061246.stm[Accessed 25 October 2007]. Brussels Airport. ( 2013) Charges & fees at Brussels Airport,The Brussels Airport Company. Brussels South Charleroi Airport . ( 2013) Regular/charter flights. [Online]. Available at: http://www.charleroi-airport.com/en/b2b/airport-charges/regularcharter-flights/index.html[Accessed 6 CAPA. (2010) Defining airport risk, Centre for Aviation. CAPA. (2012) Italy 's S.A.V.E. airport operator invests and prospers. Available at:http://centreforaviation.com/analysis/italys-save-airport-operator-invests-and-prospers71799[Accessed 8 December2013] David, M. (2013) Ryanair trumps EasyJet and BA for traffic, but fails at user engagement [Online]. Dennis, N. (2005) END OF THE FREE LUNCH? THE RESPONSES OF TRADITIONAL EUROPEAN AIRLINES TO THE LOW-COST CARRIER THREAT, Association for European DePamphilis, D. (2007) Mergers, Acquisitions, and Other Restructuring Activities. 4th edn. Dobruszkes, F. (2006) ’An analysis of European low-cost airlines and their networks. Journal of Transport Gegraphy’.14, pp.249-264 easyJet. (2005) Annual report and accounts [online]. Available at: http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/investors/result-centerinvestor/annual_report_2005.pdf [Accessed 7 December 2013]. easyJet. (2006) Annual report and accounts [online]. Available at: http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/investors/result-centerinvestor/investor_pres_annual_report_2006.pdf [Accessed 7 December 2013] easyJet. (2007) Annual report and accounts [online]. Available at: http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/investors/result-centerinvestor/annual_report_accounts_2007.pdf [Accessed 7 December 2013]. easyJet. (2008) Annual report and accounts [online]. Available at: http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/investors/result-centerinvestor/easyJet_ar081.pdf [Accessed 7 December 2013]. easyJet. (2009) Annual report and accounts [online]. Available at: http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/investors/result-centerinvestor/easyJet_AR09_180109.pdf [Accessed 7 December 2013]. easyJet. (2010) Annual report and accounts [online]. Available at: http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/investors/result-centerinvestor/easyJet_AR10_18_1_2011.pdf [Accessed 7 December 2013]. easyJet. (2011) Annual report and accounts[online].Available at: http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/investors/result-centerinvestor/annual-report-2011.pdf [Accessed 7 December 2013]. easyJet. (2012) Annual report and accounts[online].Available at: http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/investors/result-centerinvestor/annual-report-2012.pdf[Accessed 7 December 2013]. easyJet. (2013) Customer Charter,easyJet [online]. Available at: http://www.easyjet.com/en/customercharter [Accessed:7 December 2013]. easyJet. (2013) Preliminary 2013 Results-Call Transcript [pdf] easyJet. Available at: (2013. Half Year Results Analyst and Investor presentation,EasyJet. easyJet. (2013) Making a strong business stronger,EasyJet. easyJet. (2013) Results for the six months ended 31 March 2013 [pdf] easyJet. Available at: http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/investors/results-centre/2013/2013half-year-results.pdf [Accessed 8 December 2013]. Edreams.(2013) Flights London Rome. [Online].Available at: http://www.edreams.com/flights/london-rome/[Accessed 7 December 2013]. Europe Airports .(2013) Europe Airports - Treviso-San Angelo (TSF) [Online]. FareCompare.( 2013) Cheap Flights from London to Rome - LON to ROM. [Online]. Flughafen Lübeck, (2006) Rules Governing Fees,Flughafen Lübeck GmbH. Fourie, C. & Lubbe, B. (2006) 'Determinants of selection of full-service airlines and low-cost '.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Apply Porter to Easy Jet

    • 599 Words
    • 3 Pages

    There is considerable rivalry in the airline industry between new and more established businesses. Competition is strong between the budget providers, but is also an important force between easyJet and larger “flag carriers” such as Air France and Lufthansa on short haul routes (where price may be more critical)…

    • 599 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Easyjet Market Analysis

    • 5043 Words
    • 21 Pages

    “Impact of Low Cost Airline” Mercer Management Consultancy 2002 (cited in Kupka and Jamart, 2009).…

    • 5043 Words
    • 21 Pages
    Best Essays
  • Best Essays

    This report will focus upon the financial performance over a two year period of a FTSE 100…

    • 4587 Words
    • 19 Pages
    Best Essays
  • Powerful Essays

    Ryanair

    • 3579 Words
    • 19 Pages

    COLOGNE BUSINESS SCHOOL (CBS) Case Study: Ryanair The future of the leading low fares airline Term paper for Transnational Management Summer Semester 2014/2015 Lecturer: XXX Anton Wischnewski BA12 in International Business / International Trade Student-No. XXX Table of Contents 1 Introduction ....................................................................................................2 2 Overview of Ryanair ......................................................................................3 2.1 3 Facts and Figures .............................................................................................. 3 Internal Analysis ............................................................................................5 4…

    • 3579 Words
    • 19 Pages
    Powerful Essays
  • Satisfactory Essays

    Easyjet

    • 1021 Words
    • 5 Pages

    1. What are the main sources of equity for the brand? Brand equity helps the customers to recognize the brand among other brands quickly and to simplify the buying decision process. It is the differential effect of brand knowledge on consumer responses to the marketing of a brand. The two components of Brand equity are Brand awareness and Brand image. The main goal is to make sure that the way the consumer perceives the brand and the way the brand owner defines what the brand stands for overlap as much as possible. EasyJet derives the most from the perceived quality. “The perceived quality refers to; A customer’ opinion of a product’ value to him or her. It may have little or nothing to do with the product’s market price and depends on the product’s availability to satisfy his or her needs or requirements”1 Easyjet is really focusing on this aspect because they are expanding and they are already flying to 129 destinations mainly in Europe. The second source is loyalty, they try to exceed or meet the passengers expectations to make sure they will fly with EasyJet. They control whether the passengers enjoyed their flights by sending a questionnaire to the passenger several days after they have flown with EasyJet.…

    • 1021 Words
    • 5 Pages
    Satisfactory Essays
  • Best Essays

    * Euromonitor International , (2009) Global Company Profile: Ryanair Holdings Plc - Travel and Tourism – World, March…

    • 3327 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    Easyjet Assignment

    • 1755 Words
    • 5 Pages

    5. EasyJet Pricing Strategy: Should Low-Fare Airlines Offer Last-Minute Deals? (Coauthor(s): Eitan Muller, Naufel Vilcassim.)…

    • 1755 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    EasyJet the airline industry was founded in 1995 by Stelios Haji- Ioannou and from thence struggled to maintain their competitive position in the airline industry. By introducing the ‘no-nonsense’ theory to the European market, after its deregulation in 1992, easyJet did prove power by increasing the size of the low-cost market and winning passengers from prominent traditional airlines as Lufthansa and British Airways. Stelios Haji-Ioannou established the company which is based on the low-cost, economy model of the US carrier southwest. EasyJet based it’s believe on the concept that cutting needless costs and ‘extras’ that typify traditional airlines would contribute to a change in fares.…

    • 4774 Words
    • 16 Pages
    Best Essays
  • Best Essays

    As the business environment grows and companies find new ways to expand into their respective - or even new – markets, it is important that reporting standards stay up to date with changes and continue to assist companies in providing their users with useful accounting information. Information is labelled as being useful when it meets the qualitative characteristics set out by the International Accounting Standards Board (IASB). The IASB is responsible for “the development and endorsement of International Financial Reporting Standards (IFRSs)” (IFRS, 2011).…

    • 2350 Words
    • 10 Pages
    Best Essays
  • Satisfactory Essays

    Ryanair Analyses

    • 44233 Words
    • 177 Pages

    4.2.2. Turnaround times 4.2.3. Homogenous fleet 4.2.4. Point-to-point travel vs hub-and-spoke travel 4.2.5. Higher seat density 4.2.6. Choice of airports 4.2.7. Distribution system 4.2.8. Frequent flyer programmes…

    • 44233 Words
    • 177 Pages
    Satisfactory Essays
  • Best Essays

    Csr Ryanair

    • 3593 Words
    • 15 Pages

    Emerald. Easyjet and Ryanair flying high on the Southwest model. Strategic Direction. Vol, 22, 6, 2006, pp. 18-21.…

    • 3593 Words
    • 15 Pages
    Best Essays
  • Powerful Essays

    Ryanair Macro Environment

    • 1745 Words
    • 7 Pages

    This report studies one of the largest low cost airlines in Great Britain and Europe – Ryanair. This company is a 20-year-old international air carrier based in Dublin (Ireland), with 36 bases and 950+ low fare routes across 26 countries, connecting 151 destinations. The organisation…

    • 1745 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    greenheaLTH

    • 4146 Words
    • 16 Pages

    Despite being a hugely successful company, with revenues in 2013 of Euro:4,884 million, and profits of Euro:569 million, the ‘no-frills’ airline Ryanair has a number of problems. It regularly comes bottom, or near the bottom, of every major customer satisfaction survey, customers regularly use social media to complain about the dreadful quality of service, its belligerent CEO, Michael O’Leary, brushes aside any criticisms of his company, claiming that he gives customers what they want – cheap ‘no-frills’ flights with little quality service - and there is even a website called ‘I Hate Ryanair’ (see www.ihateryanair.org). But things are changing. In 2013 and 2014, faced with reductions in predicted profits, many shareholders, plus other key stakeholders, are asking Michael O’Leary many tough questions, and are demanding that Ryanair radically improves its levels of customer service, turns its negative publicity into positive publicity by managing its communications more effectively, plus radically improves its overall corporate reputation. Ryanair’s CEO O’Leary finally agreed, and made 2014 the year of change for Ryanair (see: www.ryanair.com/en/news/ryanair-announces-customer-service-improvements-over-next-6-months, plus also ww.thedrum.com/news/2014/01/17/ryanair-insists-it-s-changing-2014-weekly-twitter-chats-and-new-irish-ad).…

    • 4146 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    The key issues influencing the choice of airline are identified. In other to test the hypothesis, that ‘value for money’ acts a s key decision variable, a survey of customers is conducted using a convenient sample of respondents who have been responsible for…

    • 556 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    When a businessman decides to travel, he has many expectations and needs that he requires while flying to his destination. Primarily, a businessman would want a comfortable, convenient, safe, reliable and enjoyable journey. He would want to use a well-known and reputable airline that has a history for satisfying its customers. A businessman would want to get the greatest value for the money he has used. In terms of convenience, a…

    • 2381 Words
    • 10 Pages
    Powerful Essays