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easyJet CEO reviewing business model. Stelios’ onslaught more intestinal than cerebral?

Analysis

easyJet's new CEO, Carolyn McCall, is reviewing all assumptions underpinning the LCC's business model, in order to update investors when full-year results are announced in Nov-2010. Ms McCall is reported to be considering hiring third-party companies to assist with the review. Her focus will be on the airline's pace of growth and resulting fleet requirements. easyJet is the fourth largest European airline, the UK's largest budget airline and one that contests the 'number two LCC in Europe' accolade with Air Berlin.

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