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Key performance indicators
The Company’s key performance indicators are considered in the Financial review on pages 13 to 21.
Share capital
Details of the movements in authorised and issued share capital during the year are provided in note 18 to the financial statements.
Health and safety
Safety is the number one priority for the business. easyJet aims to provide a safe and efficient work environment for all its people. Beyond
those engaged in office based work, the large majority of people are aircrew. They have been one of the mainstays of easyJet’s success, giving
a great deal of effort to their role. easyJet is continuing to invest substantial effort and money into rostering practices and systems. easyJet
is committed to the development of an industry leading Fatigue Risk Management System for its pilots, as an integral part of the airline’s safety
management processes. The aim of the programme is to detect any sources of fatigue risk within the airline operation and act upon them.
Customer service
easyJet seeks to provide its customers with a safe, low cost, good value and reliable service. easyJet operates an entirely ticketless sales and
check-in service. This service is, easyJet believes, less burdensome for passengers. In addition, the service reduces the costs associated with ticket
processing, including personnel costs, and simplifies administration and control.
People and culture
easyJet’s employees have defined a statement of the organisation’s values, the “orange culture”. The Directors believe that the Group’s
framework of “orange” values helps to motivate and align employees to the Group’s objectives.
The management of the Group is entrusted to an executive team with extensive commercial, operational and financial experience. In keeping
with the “orange culture” the Directors encourage employees to contribute to the management of the business and allow employees to have
access to a significant amount of information stored on the Group’s electronic document system.
The Group is an equal opportunity employer, which actively encourages the training and development of all its employees on an ongoing basis.
It is the Group’s policy to give full and fair consideration to applications for employment from disabled individuals, having regard to their particular
aptitudes and abilities, and to provide such individuals with equal training, development, and opportunities for promotion. Employees who
become disabled during their working life will be retained in employment wherever possible and will be given help with any necessary
rehabilitation and retraining.
easyJet is committed to generating awareness among its employees of the Group’s performance, development and progress, and to providing
employees with information on matters of concern to them. It achieves this through regular communication meetings, employee newsletters
and management briefings. Also, communication meetings are used by employee representatives to air the views of employees. Employees are
encouraged to become involved in the Company’s financial performance through participation in various share option schemes. Further details
can be found in the Corporate and Social Responsibility Report.
Directors’ report
41 easyJet plc
Annual report and accounts 2007
Directors and Directors’ interests
Non-Executive:
Sir Colin Chandler
Dawn Airey
David Bennett
Professor Rigas Doganis
Diederik Karsten
Sir Stelios Haji-Ioannou
Sir David Michels
John Browett (appointed 27 September 2007)
Executive
Andrew Harrison
Jeff Carr
Executive Directors are deemed to be interested in the shares held by the easyJet UK Employee Share Ownership Trust, the easyJet Overseas
Employee Share Ownership Trust and the Share Incentive Plan Trust (the “Trusts”). At 30 September 2007, ordinary shares held in the Trusts
were as follows:
Share Incentive Plan Trust
(unallocated as employees are not entitled to these shares until performance conditions attached to them are met) 1,076,503
Total unallocated 1,076,503
Long term incentive plan (allocated) 74,333
Total held by UK Trust (allocated) 10,039
Total held by Overseas Trust (allocated) 28,177
Total allocated 112,549
Total 1,189,052
Details of share options and share gifts granted to the Directors of the Company are disclosed in the report on Directors’ remuneration.
Overseas branches
Details of the Company’s subsidiaries are given in the notes to the Company Balance Sheet. One of the Company’s wholly owned subsidiaries,
easyJet Airline Company Limited, operates a Spanish branch which performs self-handling operations.
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