who are the stakeholders of easyjet

1. Johan Lundgren. Stakeholders are individuals who hold a particular interest in a business, they are affected by the activity of the business. [41], On 19 May 2020, the company revealed that it had been the subject of a cyber-attack resulting in the release of the personal information of 9 million customers. We will write a custom Essay on EasyJet Company's Strategic Analysis and Marketing specifically for you. "The board has concluded that it is in the best interests of all stakeholders to secure the long-term . Direct or indirect. Groups / individuals that are affected by and/or have an interest in the operations and objectives of the business While various amounts held determine their actual control of the business, Premium EasyJet's biggest shareholder will not contribute to the airline's 1 Premium Born on 14th February 1967, in Athens, Greece, his father was a self-made Greek-Cypriot shipping magnate. Airline Therefore it has to be differentiated with marketing processes. This report will consist of an analysis of EasyJet's macro and micro marketing environment. Shareholder Strategic management PICTURE CONTENT v (Coauthor(s): Premium Thats why, for every single flight we operate, we offset all the carbon emissions from the fuel used, by supporting projects that protect against deforestation, plant trees or drive the uptake of renewable energy. As of December2022[update], the group operates the following aircraft:[96][97][98], In common with other low-cost carriers, EasyJet has a strategy of operating just one aircraft type. Business stakeholders - Edexcel test questions - BBC Bitesize [37], On 30 March 2020, EasyJet suspended all flights, grounded its entire fleet, and furloughed its crews due to travel restrictions imposed. Provide an explanation for each stakeholder position and identify the potential strategic implications. easyJet. Shareholders They also offer other advantages to business passengers as for example: boarding the plane among the first, going through fast-track . [103], On 20 November 2018 EasyJet ordered an additional 17 A320neo, taking their total neo order, including the A321neo, to 147. The company sells its own tickets directly to the user trough the Internet, Premium London Gatwick Airport Branding 11 Investors - easyJet plc In September 2018, he suggested there should be a law to favour more women pilots in the industry. THREATS EasyJet EasyJet passengers whose card details were stolen in a "highly sophisticated cyber-attack" say they have been left frustrated and in limbo by the airline's response. London Gatwick Airport The first "upstream" category includes everyone who must contribute to or approve the activities required to design, build, and bring the product to market. [66][67], Since November 2019, easyJet has offset the carbon emissions from all of its flights using carbon offsetting projects that meet either the Gold Standard or Verified Carbon Standard (VCS) accreditation. EasyJet was strategically located, Premium Letter to shareholders from the Chairman of easyJet plc. but lacking of traditional service. This is a very healthy figure which might grow within the next years as a result of more and more people flying by budget airlines and positive image of Easyjet. Low-cost carrier 1st Business: Nike Regarding his rumored annual pay of 740,000, it is believed he asked the board that it be reduced to 706,000, his predecessors last salary. [12] In 2014, the airline carried more than 65million passengers,[13] making it the second-largest budget airline in Europe by number of passengers carried, behind Ryanair. ACKNOWLEDGEMENT vi The space saved by having smaller galleys allowed for the installation of 156 seats. [17], On 10 September 2021, the company claimed it had rejected a takeover bid from rival Wizz Air. . [18][19], In 1995, EasyJet was established by Stelios, being the first company in what would later become the easyGroup conglomerate. The airline's monthly inflight magazine is called The Traveller. Brand management, Despite an increase in operating costs in 2010 Easyjet has achieved a remarkable performance compare to 2009. Passengers occasionally had to wait longer for reimbursement of their expenses. Letter to shareholders from the Chairman of easyJet plc DEVELOPMENT SUGGESTIONS [68][69] The airline describes this as an "interim" measure whilst the next generation of aircraft propulsion is developed. Stelios Haji-Ioannou : The Founder of EasyJet - Your Tech Story Within a year, over 50% of bookings were made using the website; by April 2004, the figure had reportedly jumped to 98%. It is more suitable for students and ordinary income people. Motivational and inspirational Stakeholder Main Interests, Premium who are the stakeholders of easyjet - mail.dynamictyping.dev EasyJet Marketing and Management in the Airline Industry - BohatALA Early on, EasyJet operated as a paper airline, the aircraft themselves being flown and maintained under a lease. From the annual report 2008 of Easyjet, it can be found that its total revenue is increasing for example- in 2008 Easyjet's total revenue was 2,362.8 million and in 2007 was 1,797.2 million but for recession it may reduce this year. In addition to this average fare advantage, easyJet's highly dynamic revenue management system . Its owned by EasyJet Holding Limited whos CEO is Stelios Haji-Jannou. A shareholder, though, is someone who has invested in a corporation. Weaknesses. Business Model Analysis Stakeholder Influences the aims and objectives of Tesco as they have a large say in the company so, Premium The facility, located in Essex, around 50km east of the UK capital, announced a pre-tax loss of 21.5m for the year ending February 28, 2022. Unfortunately, early last year, it became the victim of a cyber-attack in which data of 9 million of its customers was compromised. A typical Airbus A319 carries 150 or 156 passengers depending on layout in a single-class configuration, but as the airline does not serve meals on its shorter flights, it opted for smaller galleys and had a lavatory installed in unused space at the rear of the aircraft. 2. easyJet Airlines: Small Lean and with Prices that Increase over Time (Oded Koenigsberg [16] This came after the company had flown 650 'rescue flights', taking 45,000 people back home. Strategic Management Essays, Term Papers & Presentations . This cookie is set by GDPR Cookie Consent plugin. BMAN72801 EasyJet plc is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Upon launch, it employed just 70 people; the company is based at London Luton Airport, which was traditionally used only by charter flights. Executive Summary 1 Corporate Social Responsibility (SCR) Decisions should be made in a way that takes into account all stakeholders' interests. Airlines which fail to comply with strict, Premium 3. The coating has already been used on US military aircraft and if successful EasyJet would apply the paint to its whole fleet. DON SULL London Business School and Commentators Constantinos Markides Walter Kuemmerle Luis Cabral. This includes treating employees, customers and suppliers fairly, avoiding polluting activities and contributing positively to the lives of people in the local area. Competition easyJet Shareholders Approve 56-Aircraft Airbus A320neo Order Employment Popular books for Law and Public Services . Tesco are a one of the largest retailer stores in the world. Haji-Ioannou criticised the airline's decision not to seek to cancel the outstanding Airbus order, claiming it would create an additional 4.5bn of capital which the airline could not afford to spend. The Haji-Ioannous have sold 76.3 million nil paid rights at 1.65, a 15 per cent discount to the closing price of the rights on Thursday, said the source. II/ Comparison, Premium Southwest has an average fleet age of 11.9 years[49] whereas Ryanair's and EasyJet's average fleet ages are just a little over six years each. The new airline is headquartered in Vienna and will allow EasyJet to continue operating flights across and within European countries after the UK leaves the EU. A stakeholder is a person group or organization that has interest or concern in an organization. An aerial view of SEN. You also have the option to opt-out of these cookies. Easyjet Plc PESTEL Analysis - Case48 Marketing Harrison claimed that the EcoJet, combined with other improvements in the industry, would enable a 50% reduction in greenhouse gas emissions within eight years. The airline operates on a low cost budget, flying more than 15 million people a year and offers services for leisure and business passengers and it flies to 100 top European routes . Once Haji-Ioannou saw the results, he changed his mind and an e-commerce website capable of offering real-time online booking went live in April 1998; this was the first such website for a low-cost carrier in Europe. The 10 Types of Stakeholders That You Meet in Business [20], In April 1996, the first wholly owned aircraft was delivered to EasyJet, enabling the company's first international route, to Amsterdam, which was operated in direct competition with rival airlines British Airways (BA) and Dutch flag carrier KLM. Stansted, Southend, as well as Newcastle from the end of August due to low levels of air travel demand as a result of the COVID-19 pandemic. Some 2,208 customers had their . Telephone [112], The airline's main fleet, comprising Airbus A319, A320/A320neo and A321neo aircraft, carry up to 156, 180/186 and 235 passengers respectively, depending on layout. Project Stakeholders - Who Are They & Why Are They Important? - Teamwork The company's sustainable business model aims to make travel easy and affordable, while driving growth and . BTEC Level 3 National Public Services Student Book D. Gray, T. Lilley. Southwest Airlines access_time21 junio, 2022. person. They can consist of e-tickets, online booking and travel services. Passengers may purchase items on board from the "Eat Drink Shop" buy on board programme. These cookies ensure basic functionalities and security features of the website, anonymously. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". EasyJet Corporate Social Responsibility by Nicole Jeliazko - Prezi It was estimated the airline could save 12% annually, equating to a 14 million reductions in fuel costs. Secondly we will do the SWOT analysis and find out the reasons for EasyJets success by making marketing mix.

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