Introduction:
The world today has evolved in numerous ways thanks to the many inventions and discoveries, but few have changed the way people live and experience the world as deeply as the invention of the airplane. The industry has progressed to the point where now it would be impossible to think of life without air travelling (for developed countries). Thanks to this, long distances have been somehow shortened' hence altering people's concept of distance. As well, making it possible for individuals to start and conduct businesses in places that were once never thought of.
Air travelling is obviously considered as a very large industry: socially, economically, and politically. It is continuing to expand and has been intensely prosperous in the past 50 years due to the overall improvement in technology. The result has been a steady decline in costs and fares, which has stimulated traffic growth. This intensive traffic makes the expansion of economical development easier and it can be also considered as a crucial factor for the globalisation that is taking place in many other industries.
This paper will analyse different factors of a specific airline, British Airways. It will look at the company in details and examine several parts in order to more or less determine its future capacity in the economical world.
British Airways, the Company:
We can trace British Airway's (BA) origins back to the birth of civil aviation after World War I. On 25 August 1919, its ancestor company, Aircraft Transport and Travel Limited (AT&T), launched the world's first daily international scheduled air service between London and Paris. That flight was operated by a single-engined de Havilland DH4A biplane that took off from Hounslow Heath and carried a single passenger and cargo that included newspapers, Devonshire cream and complaints. It took two and a half hours to reach Le Bourget.
Shortly afterwards, two more British companies started services to