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Barbara Cassani
Barbara Ann Cassani, CBE, (born July 22, 1960) is an American businesswoman. She was the founder under British Airways of budget airline Go Fly and was the first leader of London's bid for the 2012 Summer Olympics. Personal life Barbara Cassani was born in Boston to James and Noreen Cassani. She studied at Mount Holyoke College, graduating ''magna cum laude'' with a BA (Hons) international relations in 1982; and is also a former trustee of Mount Holyoke. Cassani earned a master's degree, again in international relations, from Princeton University's Woodrow Wilson School of Public and International Affairs. She was awarded an honorary degree from Cranfield University in 2004. Barbara Cassani married British investment banker Guy Davis in 1985. The couple have two children, Lauren and James. She is a keen horse rider, and competes in eventing, showjumping, and dressage events. Since stepping down from the Olympic bid, Cassani has been working on plans for a new startup company, and ...
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Order Of The British Empire
The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established on 4 June 1917 by King George V and comprises five classes across both civil and military divisions, the most senior two of which make the recipient either a knight if male or dame if female. There is also the related British Empire Medal, whose recipients are affiliated with, but not members of, the order. Recommendations for appointments to the Order of the British Empire were originally made on the nomination of the United Kingdom, the self-governing Dominions of the Empire (later Commonwealth) and the Viceroy of India. Nominations continue today from Commonwealth countries that participate in recommending British honours. Most Commonwealth countries ceased recommendations for appointments to the Order of the British Empire when they ...
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Startup Company
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by so ...
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2005 World Championships In Athletics
The 10th World Championships in Athletics, under the auspices of the International Association of Athletics Federations (IAAF), were held in the Olympic Stadium, Helsinki, Finland (6 August 2005 – 14 August 2005), the site of the first IAAF World Championships in 1983. One theme of the 2005 championships was paralympic events, some of which were included as exhibition events. Much of the event was played in extremely heavy rainfall. Background Bidding The original winning bid for the competition was for London but the cost to build the required stadium at Picketts Lock and host the event was deemed too expensive by the government. UK Athletics suggested to move the host city to Sheffield (using Don Valley Stadium), but the IAAF stated that having London as the host city was central to their winning the bid. The championships bidding process was reopened as a result. The United Kingdom's withdrawal as host was the first case for a major sporting event in a developed countr ...
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Marks & Spencer
Marks and Spencer Group plc (commonly abbreviated to M&S and colloquially known as Marks's or Marks & Sparks) is a major British multinational retailer with headquarters in Paddington, London that specialises in selling clothing, beauty, home products and food products. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index; it had previously been in the FTSE 100 Index from its creation until 2019. M&S was founded in 1884 by Michael Marks and Thomas Spencer (businessman), Thomas Spencer in Leeds. M&S currently has 959 stores across the UK, including 615 that only sell food products and through its television advertising, asserts the exclusive nature and luxury of its food and beverages. It also offers an online food delivery service through a joint venture with Ocado. In 1998, the company became the first British retailer to make a pre-tax profit of over £1 billion, although it then went into a sudden slump taking the company and its stakeho ...
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Non-executive Director
A non-executive director (abbreviated to non-exec, NED or NXD), independent director or external director is a member of the board of directors of a corporation, such as a company, cooperative or non-government organization, but not a member of the executive management team. They are not employees of the corporation or affiliated with it in any other way and are differentiated from executive directors, who are members of the board who also serve, or previously served, as executive managers of the corporation (most often as corporate officers). However they do have the same legal duties, responsibilities and potential liabilities as their executive counterparts. Non-executive directors provide independent oversight and serve on committees concerned with sensitive issues such as the pay of the executive directors and other senior managers; they are usually paid a fee for their services but are not regarded as employees. All directors should be capable of seeing corporate and business ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first ro ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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Robert Ayling
Robert John Ayling (born 3 August 1946), also known as Bob Ayling, is a British retired lawyer and businessman who has worked with a variety of high-profile companies and organisations. From 1996 to 2000, he was the CEO of British Airways. He also served as chairman of Her Majesty's Courts and Tribunals Service, Dŵr Cymru (Welsh Water), and Dyson. Ayling was appointed a CBE in the Queen's 2018 Birthday Honors List. Early life Ayling was born in Battersea the son of a grocer, George and civil servant Hilda. He was educated at King's College School, Wimbledon but left school at 16 after his father's business failed, and took articles with a solicitor. He passed his professional examinations by 19 and in 1968 was admitted a solicitor at 21. Career Ayling, a lawyer, began his career as a solicitor in private practice before joining the Department of Trade and Industry in 1974. In 1985, he joined British Airways (BA), initially as legal director, where he was responsible for the ...
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EasyJet
EasyJet plc (styled as easyJet) is a British multinational low-cost airline group headquartered at London Luton Airport. It operates domestic and international scheduled services on 927 routes in more than 34 countries via its affiliate airlines EasyJet UK, EasyJet Switzerland, and EasyJet Europe.EasyJet plc is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. EasyGroup Holdings Ltd, the investment vehicle of the airline's founder, Greek-Cypriot businessman Stelios Haji-Ioannou, is the largest shareholder with a 15.27% stake (as of September 2021). It employs circa 13,000 people, based throughout Europe but mainly in the UK. EasyJet has seen expansion since its establishment in 1995, having grown through a combination of acquisitions, and base openings fuelled by consumer demand for low-cost air travel. The group, along with associate companies EasyJet UK, EasyJet Europe and EasyJet Switzerland, operate 308 aircraft. It has 29 bases across Euro ...
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Ryanair
Ryanair is an Irish ultra low-cost carrier founded in 1984. It is headquartered in Swords, Dublin, Ireland and has its primary operational bases at Dublin and London Stansted airports. It forms the largest part of the Ryanair Holdings family of airlines and has Ryanair UK, Buzz, Lauda Europe, and Malta Air as sister airlines. It is Ireland's biggest airline and in 2016 became Europe's largest budget airline by scheduled passengers flown, carrying more international passengers than any other airline. Ryanair Group operates more than 400 Boeing 737-800 aircraft, with a single 737-700 used as a charter aircraft, as a backup, and for pilot training. The airline has been characterized by its rapid expansion, a result of the Airline deregulation, deregulation of the aviation industry in Europe in 1997 and the success of its low-cost business model. Ryanair's route network serves 40 countries in Europe, North Africa (Morocco), and the Middle East (Israel, Jordan and Turkey). The c ...
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Dan-Air
Dan-Air (Dan Air Services Limited) was an airline based in the United Kingdom and a wholly owned subsidiary of London shipbroker, shipbroking firm Davies and Newman. It was started in 1953 with a single aircraft. Initially, it operated cargo and passenger charter flights from London Southend Airport, Southend (1953–1955) and Blackbushe Airport, Blackbushe airports (1955–1960) using a variety of piston-engined aircraft before moving to a new base at Gatwick Airport in 1960, followed by expansion into inclusive tour (IT) charter flights and all-year round scheduled services. The introduction of two De Havilland Comet 4, de Havilland Comet series 4 jet aircraft in 1966 made Dan-Air the second United Kingdom, British independent airline after British United Airways to begin sustained jet operations. The early 1970s saw the acquisition of a pair of Boeing 707 long-haul jets for use on Caledonian Airways#Attaining market leadership in transatlantic affinity group charters, affini ...
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Marketing
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer. Sometimes tasks are contracted to a dedicated marketing firm or advertising agency. More rarely, a trade association or government agency (such as the Agricultural Marketing Servic ...
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