
Why Recessions Forge Great CEOs Who Think Beyond Cost-Cutting
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
EasyJet, a major European low-cost airline, has reported revenue of $4.5 billion from ancillary services, such as checked baggage fees and priority boarding. While the airline has benefited significantly from these additional revenue streams, it has also faced criticism for its practices.
The substantial income from ancillary services has contributed to EasyJet’s overall profitability. However, the airline has come under fire for its aggressive fee-based model, which some have perceived as unfair and exploitative. Critics argue that these fees can significantly increase the overall cost of a flight, particularly for families or travelers with specific needs.
In response to the criticism, EasyJet has defended its practices, arguing that ancillary services allow passengers to customize their travel experience and pay only for the required services. The airline maintains that these fees are transparently communicated to customers and are optional.
Despite the controversy, EasyJet remains committed to its business model, which relies heavily on ancillary revenue. The airline has invested in technology and customer experience initiatives to enhance its offerings and attract passengers.
As the aviation industry continues to evolve, the role of ancillary services in airline business models will be closely watched. While these fees can provide a valuable source of revenue, airlines must balance maximizing profits and maintaining customer satisfaction.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
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