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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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06 November 2001
BA announce first profit loss since privatisation
British Airways has announced profits of only £5 million for the second quarter of the financial year, representing a drop of 98 per cent on the figure for the same period last year.
BA announce first profit loss since privatisation
British Airways has announced profits of only £5 million for the second quarter of the financial year, representing a drop of 98 per cent on the figure for the same period last year.
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.
01 November 2018
CMA Launches 'Stop Cartels' Campaign
New research has revealed that many firms don't know enough about how to comply with competition law, according to the Competition and Markets Authority's (CMA). Citing this research, the CMA has launched a cartel awareness campaign, which aims to educate businesses about which practices are illegal.
CMA Launches 'Stop Cartels' Campaign
New research has revealed that many firms don't know enough about how to comply with competition law, according to the Competition and Markets Authority's (CMA). Citing this research, the CMA has launched a cartel awareness campaign, which aims to educate businesses about which practices are illegal.
04 March 2002
Top Consignia directors decline 10 per cent pay hike
Two senior directors of postal company Consignia have decided not to accept a 10 per cent pay rise following anger among postal unions.
Top Consignia directors decline 10 per cent pay hike
Two senior directors of postal company Consignia have decided not to accept a 10 per cent pay rise following anger among postal unions.
21 February 2002
Oftel urges BT to cut internet costs
Telecommunications regulator Oftel has recommended that BT slash their costs for unmetered Internet access. Oftel wants BT to cut the amount it charges Internet service providers to use their existing telephone network by seven per cent.
Oftel urges BT to cut internet costs
Telecommunications regulator Oftel has recommended that BT slash their costs for unmetered Internet access. Oftel wants BT to cut the amount it charges Internet service providers to use their existing telephone network by seven per cent.
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Northern Ireland WeatherThis Evening and Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Perhaps a touch of ground frost. Cloud will spread east towards morning. Minimum temperature 2 °C.
