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British Airways Ratio Analysis

In: Business and Management

Submitted By bufahad89
Words 3252
Pages 14
Financial Reporting and Analysis: Case

Financial Analysis of British Airways



Submitted To:

Submitted by:

DATE: 27th December 2009
CONTENTS

Introduction Page. 3

History Page. 3

Board of Directors Page. 3

Ratio Analysis Page. 4 - 13

Conclusion Page. 14

Introduction
British Airways plc or BA is the flag carrier airline of the United Kingdom. BA has its headquarters in Waterside near its main hub at London Heathrow Airport and is the largest airline in the UK based on fleet size, international flights and international destinations. Its second hub is London Gatwick Airport. British Airways has discontinued all direct overseas flights from UK airports other than Heathrow, Gatwick and London City Airport. BA's UK passengers originating at non-London airports must now connect via London or use other airlines with direct services.
History
British Airways (BA) was created in 1972, when the British Overseas Airways Corporation (BOAC) and British European Airways Corporation (BEA) managements were combined under the newly formed British Airways Board. This effectively made British Airways into the national airline for the United Kingdom and due to the lack of competition; the new company began to exert its position and significance. BA was one of only two airlines to operate the supersonic Aerospatiale-BAC Concorde; inaugurating the world's first supersonic passenger service in January 1976. The final commercial Concorde flight from New York to London was on 24 October 2003.

Board of Directors

Chairman: Martin…...

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