Easyjet Buys Go

EasyJet has completed its £374million purchase of rival Go, creating Europe’s biggest no frills airline.

Luton or Stansted Based?

Go chief operating officer Ed Winter will oversee the integration of the two companies, which will see the Go name disappear - the integration is expected to last 18 months. It has still to be decided if the combined airline will be based at Luton which is EasyJet’s main base or Stansted, where Go is located.

Demand for Cheaper Travel

EasyJet chief executive Ray Webster said: "It is obvious that the low-cost model has proved extremely popular with customers over the last few years and I believe we are seeing an important shift in how people travel within Europe - moving away from the national airlines and towards a simpler, cheaper, less complex offer.”

Nearly 14 Million Passengers Last Year

Go currently operates 38 routes to 23 European destinations with a fleet of 27 Boeing 737 aircraft. EasyJet currently operates 47 routes from 18 European destinations with a fleet of 35 Boeing 737 aircraft. In the 12 months to the end of June 2002, the combined airlines carried 13.98 million passengers.

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