To: Tracy Feist Date: 29/09/08
Overview:
The following is a report into a private sector organisation known as Easyjet. Easyjet is a Public Limited Company and trades on the London Stock Exchange. It is a financially strong company being Europes No.1 Air Network. Easyjet's principal activity is providing airline services on short-haul and medium-haul point-to-point routes within Europe. Flying 872 times a day, It operates a fleet of 137 aircraft through 77 airport networks in 21 countries with a workforce of 5493 employees. This report will look into the purpose of the easyjet, how easyjet is run, its mission statement , concept, culture, overall performance, financial information, and other general operating activities.
Main Findings:
The airline was founded by Sir Stelios Haji-Ioannou in 1995, and he and his family remain major shareholders in easyJet PLC . easyJet currently operates throughout the UK and mainland Europe. The fleet of aircraft consists of 55 owned and 82 under operating lease, comprising of 107 Airbus A319's and 30 Boeing 737-700's. easyJet favours an informal company culture with a very flat management structure, which it believes eliminates unnecessary and wasteful layers of management. easyJet has a casual dress policy for all office based employees and bans ties with the exception of pilots. The airline is based at Hangar 89, a bright orange building adjacent to the main taxiway at Luton Airport. In an industry where corporate HQs are generally considered to be the ultimate status symbol, it underlines the low cost approach of easyJet.
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Peer Reviews
Here's what a star student thought of this essay
Quality of writing
The report states the term 'Public Limited Company', however hasn't fully explained this term. The report could include 'An Public Limited Company, is a company which is owned by a number of shareholders. Shareholders can purchase shares at the price stated (which can increase/decrease on a daily basis) on the London Stock Exchange'. All technical terms, should be explained to allow the examiner to acknowledge the student's understanding.
Level of analysis
The report states that the business has a no tie policy, expect from the pilots. It would be good to include their option on this, and include the reason/s to why there would implement such a policy. For example the report could include 'EasyJet has a no tie policy, which may be due to allow their employees to feel at home when there are working, this creates an relax form of working.' The report states a number of bullet points, which describes EasyJet's objectives. These are explained well and justified were necessary.
Response to question
In summary, the report is quite outstanding. This is due, as the student clearly understands EasyJet's objectives and their goals which there set out to achieve. I believe that the report, could be enhanced, however there are small amendments. The report gives an overview of EasyJet within the first paragraph, which is quite good. This is due to that this allows the examiner to prominently understand what the report is based upon. The report states that EasyJet was founded by Sir Stelios Haji-Loannou in 1995. This is good, as this points out how the company was formed. Although the report could include the person's background and his business actives before he set-up the company. This would allow the examiner to understand the person's background.
