Easyjet Business Model

Easyjet is a British low-cost air company.

The concept:
Easyjet cuts the costs by eliminating wastes:
- They use Internet to reduce the distribution costs. Today, almost 95% of the seats are sold on the Net.
- They optimise the immobilized capital. The Easyjet planes fly more than those from other companies. A good way to optimize the unitary cost of each plane.
- They develop the travel without tickets. Passengers receive a confirmation by mail.
By doing that, they can eliminate the costs of printing, distribution, transaction and checking of millions of tickets per year.
- They don't offer free meal during the flight.
- They are based in the most important European airports, but they earn in efficiency because they have very reduced stopover times (30 min.) and agreements with airports on landing taxes. With reduced stopover times, Easyjet can make more rotations with the planes.
- Easyjet has also developped the principle of "management without paper". The management and the administration of the company are totally made with the computer.

Additional sources of revenues:
- Commissions
- Hotels and apartments offers
- Car rental
- Bars lounges in waiting area
- Airports parkings
- Buses between airports and towns
- Insurances