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05/09/2001
British Airways poised to cut 1,800 jobs by end of financial year
British Airways has informed unions of plans to cut 1,800 jobs by the end of the financial year.
The company announced they would aim to achieve the reduction through voluntary redundancies and natural wastage. However, a spokesman said they could not rule out compulsory redundancies. He added that the staff reductions were part of an ongoing plan to cut costs by British Airways.
Engineers, cabin crew and customer services staff are all thought likely to be among those facing cutbacks.
British Airways chief executive Rod Eddington revealed the job cuts at a management briefing on Monday morning.
While operating costs have been nearly halved at British Airways, the airline claims its strategy of focusing on high-value customers was starting to pay-off.
The company recorded a pre-tax profit of £40 million for the three months to June, compared to a £50 million loss for the same quarter last year.
However, this year's figures include the one-off £100 million profit the company made when no-frills airline Go was sold in June. (MB)
The company announced they would aim to achieve the reduction through voluntary redundancies and natural wastage. However, a spokesman said they could not rule out compulsory redundancies. He added that the staff reductions were part of an ongoing plan to cut costs by British Airways.
Engineers, cabin crew and customer services staff are all thought likely to be among those facing cutbacks.
British Airways chief executive Rod Eddington revealed the job cuts at a management briefing on Monday morning.
While operating costs have been nearly halved at British Airways, the airline claims its strategy of focusing on high-value customers was starting to pay-off.
The company recorded a pre-tax profit of £40 million for the three months to June, compared to a £50 million loss for the same quarter last year.
However, this year's figures include the one-off £100 million profit the company made when no-frills airline Go was sold in June. (MB)
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10 January 2002
British Airways to cut 15 European routes
Around 15 of British Airways short-haul European routes are to be to slashed in an attempt to avert major losses. The move is part of a restructuring plan which will see the company focusing on the lucrative transatlantic business travel market.
British Airways to cut 15 European routes
Around 15 of British Airways short-haul European routes are to be to slashed in an attempt to avert major losses. The move is part of a restructuring plan which will see the company focusing on the lucrative transatlantic business travel market.
16 August 2005
Talks continue in Heathrow catering row
Catering firm Gate Gourmet and the Transport and General Workers Union have resumed talks to try to resolve the dispute, which resulted in the cancellation of hundreds of British Airways flights last week. The TGWU said that it wants the workers who were sacked last week to be reinstated – an option, which has been ruled out by the company.
Talks continue in Heathrow catering row
Catering firm Gate Gourmet and the Transport and General Workers Union have resumed talks to try to resolve the dispute, which resulted in the cancellation of hundreds of British Airways flights last week. The TGWU said that it wants the workers who were sacked last week to be reinstated – an option, which has been ruled out by the company.
19 February 2002
BA to cut back Glasgow-Derry service
British Airways franchise operator, Loganair has informed the City of Derry Airport that it will be reducing the frequency of service between Derry and Glasgow later this month. The airline's current twice-daily service will be reduced to one flight per day from February 26.
BA to cut back Glasgow-Derry service
British Airways franchise operator, Loganair has informed the City of Derry Airport that it will be reducing the frequency of service between Derry and Glasgow later this month. The airline's current twice-daily service will be reduced to one flight per day from February 26.
04 February 2005
Fuel prices cause misery for British Airways
British Airways have reported a dramatic drop in profits in the latest trading figures - £75 million, compared to £125 million in the same period last year. British Airways Chief Executive, Rod Eddington attributed the fall in profits to rising fuel costs, which he said had increased by £106 million (47.3%).
Fuel prices cause misery for British Airways
British Airways have reported a dramatic drop in profits in the latest trading figures - £75 million, compared to £125 million in the same period last year. British Airways Chief Executive, Rod Eddington attributed the fall in profits to rising fuel costs, which he said had increased by £106 million (47.3%).
06 August 2001
British Airways perform to expectations
British Airways have announced a pre-tax profit of £40 million compared to a loss of £50 million in the same quarter last year, for the three months to June. The upsurge in profits was boosted by the £100 million profit British Airways made when it sold its no-frills airline Go in June this year.
British Airways perform to expectations
British Airways have announced a pre-tax profit of £40 million compared to a loss of £50 million in the same quarter last year, for the three months to June. The upsurge in profits was boosted by the £100 million profit British Airways made when it sold its no-frills airline Go in June this year.
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