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Easy Jet
Title: Easy Jet
Category: Literature / English
Details: Words: 580 | Pages: 2.5 (approximately 235 words/page)
Easy Jet
EasyJet is a private limited airline company that offers low-cost flights to many different destinations within Europe. It offers travel to 17 different business and travel destinations and travels 45 different routes.
Although EasyJet offers very cheap flights it still has a higher share price than companies offering more expensive flights for example British Airways.
It is shown that compared to other airline companies, EasyJet is doing very well. It is important that this is looked at …showed first 75 words of 580 total…
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…showed last 75 words of 580 total…other years or other companies. I looked at past years on the accounts and made the following table.
Year Net Profit (£000) Net Assets (£000) Return on Net Assets
1999 1,260 39,488 3.19%
2000 22,103 65,717 33.63%
2001 40,133 316,491 12.68%
When compared to past years, the return on net assets for 2001 shows that the company could be using their assets better to help generate more profit. It shows that EasyJet has a large amount of net assets that are not being used as usefully as they could be.
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