Company Watch - British Airways.Jun 11, 2007 British Airways British Airways in full British Airways PLC International passenger airline based in London. In 1936 British Airways Ltd. was founded through the merger of three smaller airlines. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Walsh, who has said he could see the airline buying 10 to 15 Airbus A380 superjumbo aircraft, told the newspaper a decision on its long-haul fleet would be made in a few months' time. "We need to substitute 34 planes -- 20 Boeing 747-400 and 14 Boeing 767. A single type is not suitable to all our demands, we could buy two or three different types," he said. Jun 8, 2007 British Airways CEO Sees 2008 Profit. British Airways forecasts its operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. will rise to 10 percent of sales in 2008 and the airline will decide in September how to bolster its long-haul fleet, its chief executive told an Italian newspaper. British Airways' operating profit was GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 602 million pounds (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $1.19 billion) in the year to March 31 and the group said last month it expected revenues to come in at the lower end of its 2008 guidance of 5 to 6 growth. Jun 8, 2007 British Airways to go transatlantic with dedicated premium class aircraft "by next summer". Jun 6, 2007 British Airways flew 9.3 billion RPKs in May, a 2.1% decline from the year-ago month. Capacity dipped 0.1% to 12.7 billion ASKs and load factor fell 1.5 points to 73.3%. Jun 6, 2007 British Airways adopted Amadeus Flex A development system for Flash-based applications from Adobe. Introduced in 2004 as a J2EE application, Flex compiles ActionScript code and XML-based user interface descriptions (MXML) into binary Flash files (SWF files). Pricer, which provides customers booking connecting flights with the ability to see prices across a seven-day calendar and price comparisons across the airline's range of cabins and services. BA signed a three-year deal following a six-month trial that resulted in a 50% increase in the number of connecting journeys booked on its website, Amadeus said. Jun 8, 2007 Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new service that keeps travelers informed on flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. Jun 4, 2007 |
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