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05/04/2002
BA reveals a dip in passenger traffic
British Airways has revealed a dip in passenger traffic for March with traffic volumes down 3.2 per cent on a year earlier.
While this compares with a 2.5 per cent slide in February, the airline has maintained that its recovery is still on track, as the latest figures still represent an improvement on January's fall of 6.9 per cent and the 24.7 per drop seen in the month following the September 11 attacks on the United States.
Meanwhile, BA's load factor – which represents passengers as a proportion of seats available – was 75.7 per cent up from 69.5 per cent in March 2001, while total revenues improved despite discounting tickets.
These latest figures from one of the UK's leading air carriers follows the news that BA will be axing around 13,000 jobs by March next year. (MB)
While this compares with a 2.5 per cent slide in February, the airline has maintained that its recovery is still on track, as the latest figures still represent an improvement on January's fall of 6.9 per cent and the 24.7 per drop seen in the month following the September 11 attacks on the United States.
Meanwhile, BA's load factor – which represents passengers as a proportion of seats available – was 75.7 per cent up from 69.5 per cent in March 2001, while total revenues improved despite discounting tickets.
These latest figures from one of the UK's leading air carriers follows the news that BA will be axing around 13,000 jobs by March next year. (MB)
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17 April 2002
Economy has made impressive improvements says Trimble
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15 March 2002
London still most expensive city for office space
London remains the world's most expensive city to rent office space, with average annual occupancy costs of around £1,072 per square metre. International property consultants Healey & Baker looked at 45 countries around the world, analysing the total costs of occupying office space in 100 locations.
London still most expensive city for office space
London remains the world's most expensive city to rent office space, with average annual occupancy costs of around £1,072 per square metre. International property consultants Healey & Baker looked at 45 countries around the world, analysing the total costs of occupying office space in 100 locations.
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