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Airlines: easyJet

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easyJet 

(CNN) -- Easyjet is Europe's biggest budget airline after it bought rival Go for £374 million ($525 million) to create Europe's biggest budget airline.

The move will end Ryanair's 10-year grip on the sector and comes at a time when "no-frills" carriers have seen passenger numbers soar.

The company was founded in 1997 by the heirs of Greek shipping tycoon Stelios Haji-Ioannou.

Web site: www.easyjet.com

Chief Executive: Ray Webster




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