any type of papers
BRIEF HISTORY ABOUT BRITISH AIRWAYS
Based on the size of fleet, international flights and destinations, British Airways is the largest airline in the United Kingdom. It is the second largest in terms of the number of passengers carried. It is based in Waterside and its main hub is at the London Heathrow Airport. The British Airways Board was set up in the year 1971, to operate two nationalized airline companies- BOAC and BEA, along with two smaller airlines Cambrian Airways and Northeast Airlines. These four airline companies merged on 31st March, 1974 to conglomerate into British Airways. It spent almost 13 years as a government company and was privatized in February 1987. there was expansion of the company when it acquired British Caledonian in 1987 and Dan-Air in 1992. AN OVERVIEW OF THE MARKET
The economic meltdown coupled with fuel price hike has seen the upsurge of consolidation in the airline industry. Many of the airline companies have either experienced bankruptcy or have been acquired by others. Overall, the global aviation market has been weak.
There was collapse of companies like SkyEurope, Flyglobespan in 2009. Also, JAL of Asia field for protection against bankruptcy. Many mergers have taken place as well, such as Northwest and Delta in the US.
STIFF COMPETITION
The aviation industry is marked by stiff competition.
On shorthaul routes, BA faces tough competition both on ground and in the air. Due to the infrastructure improvements, train operators in UK are grabbing a much larger share of the travel market. There has been significant reduction in train travel time in areas such as the West Coast mainline. Despite of the snow in January, Eurostar continued to expand and its passenger number rose by 1.2 percent in 2009 and the demand for flights from London to Paris and Brussels fell by 3 and 14 percent respectively.
In the longhaul market, BA has been significantly affected by deregulation. In summer 2008, the first phase of the EU-US Open
Based on the size of fleet, international flights and destinations, British Airways is the largest airline in the United Kingdom. It is the second largest in terms of the number of passengers carried. It is based in Waterside and its main hub is at the London Heathrow Airport. The British Airways Board was set up in the year 1971, to operate two nationalized airline companies- BOAC and BEA, along with two smaller airlines Cambrian Airways and Northeast Airlines. These four airline companies merged on 31st March, 1974 to conglomerate into British Airways. It spent almost 13 years as a government company and was privatized in February 1987. there was expansion of the company when it acquired British Caledonian in 1987 and Dan-Air in 1992. AN OVERVIEW OF THE MARKET
The economic meltdown coupled with fuel price hike has seen the upsurge of consolidation in the airline industry. Many of the airline companies have either experienced bankruptcy or have been acquired by others. Overall, the global aviation market has been weak.
There was collapse of companies like SkyEurope, Flyglobespan in 2009. Also, JAL of Asia field for protection against bankruptcy. Many mergers have taken place as well, such as Northwest and Delta in the US.
STIFF COMPETITION
The aviation industry is marked by stiff competition.
On shorthaul routes, BA faces tough competition both on ground and in the air. Due to the infrastructure improvements, train operators in UK are grabbing a much larger share of the travel market. There has been significant reduction in train travel time in areas such as the West Coast mainline. Despite of the snow in January, Eurostar continued to expand and its passenger number rose by 1.2 percent in 2009 and the demand for flights from London to Paris and Brussels fell by 3 and 14 percent respectively.
In the longhaul market, BA has been significantly affected by deregulation. In summer 2008, the first phase of the EU-US Open
Citations: Bloomberg(2012), Retrieved August 8, 2012, from http://www.bloomberg.com/news/2012-02-29/ba-iberia-profit-doubles-in-first-year-of-merger-on-u-s-surge.html British Airways, Retrieved August 8, 2012, from British Airways (2010), Retrieved August 8, 2012, from, http://mu.hu/download/alapismeretek/BA_AR_2010.pdf