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easyJet

What is the company's vision for growth?

easyJet's vision of the future is built on developing its strength as the largest low cost airline in Europe. Total revenue in 2002 was more than £500 million, an increase over the previous year of nearly £200 million.

The purchase of Go Fly is expected to result in greater frequencies of flights on existing routes and infilling between existing destinations - what easyJet calls 'joining the dots'. So no new city destinations are expected to be added to their network.

Increased capacity within the easyJet network has to be met by making the existing fleet of aircraft work harder, or by adding more aircraft to their fleet. easyJet has opted for this latter choice. In October 2002 the company selected Airbus as their chosen supplier of new aircraft. They propose to order 120 A319s over a five year period, from the second half of 2003. This news is expected to have secured the jobs of UK workers making aircraft wings and other components in Broughton, North Wales and Filton, Bristol.

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