EasyJet, founded by Stelios Haji-Ioannou in 1995, adopted a low-cost, no-frills business model inspired by Southwest Airlines, quickly expanding from two aircraft to a large fleet covering over 500 routes. The airline successfully leveraged e-commerce by launching easyjet.com in 1998, offering real-time online bookings and various customer incentives, leading to 98% of seats being sold online. EasyJet's growth is evident from carrying 30,000 passengers in 1995 to 5.6 million by 2000, with profits reaching £22.1 million on revenues of £263.7 million, paving the way for diversification into associated markets such as easyhotel and easybus.