EasyJet is Europe’s second largest low fare airline, operating scheduled services for both leisure and business passengers on over 550 routes, from 19 bases to over 120 cities in 30 countries. EasyJet Switzerland is a Geneva based subsidiary franchise.
Founded by Stelios Haji-Ioannou, EasyJet launched services with two leased aircraft operating from London Luton on routes to Glasgow and Edinburgh.
EasyJet acquired a 40% shareholding in TEA Switzerland in March 1998, subsequently relocating the airline to Geneva as EasyJet Switzerland and increasing its stake to 49%.
The company was floated on the London Stock Exchange in October 2000, at an offer price that valued the airline at £777 million ($1.66 billion).
It established its fifth base at London Gatwick in June 2001, later becoming the airport's second largest scheduled operator.
EasyJet completed the acquisition of London Stansted based British Airways subsidiary Go Fly Aviation on 10 December 2002, and agreed to acquire GB Airways in October 2007, for £103.5 million ($212 million) in cash.
Ranked as the UK's largest airline, by passengers flown, each year from 2009. By February 2011 the airline was carrying over 50 million passengers per year, operating 196 aircraft on 552 routes, across 29 countries.
EasyJet launched services on its longest route, and its first outside Europe, in March 2011, with flights from London Gatwick to the Jordanian capital, Amman, with Jordan becoming the 30th country served by the airline.
The comapny announced London Southend as its next base in June 2011, with operations from the Essex airport to due to commence in May 2012 and two new French bases, Nice and Toulouse in October 2011, with operations from both cities to start in the summer of 2012.