BRITISH AIRWAYS

British Airways



British Airways

British Airways is the flag carrier airline of the (UK) United Kingdom. The company has a head quarter at waterside near Heathrow airport, London. The airline is considered to be the largest airline in terms its fleet size. British Airway's operates both international and domestic flights with the major key area of operation in commercial flights. It also caters to various services like cargo freight, mail services and other auxiliary services all over the world. Mainly it runs its business in United States and Europe. It is situated in Harmondsworth, Middlesex, employing 42,755 people all over. It is emerging to be competitive and sustain its integrity as the best airlines which stress superior customer service. It has 300 destinations throughout the world; this extent of operations offers customers with world-class services at various destinations. Its customers range from explorers to executive. The European airline industry is highly regulated, since individual countries and governments aim to protect their flag carrying airlines.

British Airways has a long history of a combination of the first airlines in 1919, just formed in 1924 to Imperial Airways. In 1939, the Imperial name was changed to overseas British Airways Corporation (Boac) due to the expansion of the British Empire. In the same period, British Airways Limited were nationalized and Imperial Airways. The name Boac lasted until the seventies, when it was changed to British Airways. A British airway was privatized in the year 1987 and it is listed in the (FTSE) London stock exchange (Baker 2002, pp. 97-116). British airways operate in more than 300 destinations throughout the globe. In the year 2009/2010 the company reported revenue of £8 billion pounds, which is approximately 11 % lower than the revenue for the previous year.

British Airways

Logo of the British Airways

 

 

IATA code :

BA

ICAO Code :

BAW

Call Sign :

SPEED BIRD

Founded:

1935

Office:

London , United Kingdom United Kingdom

Turnstile :

London-Heathrow, London-Gatwick,  London-City (BA City Flyer)

Home airport:

London-Heathrow

Corporate form:

Subsidiary of International Airlines Group

ISIN :

GB0001290575

Director:

Willie Walsh ( CEO )

Alliance :

One world

Frequent Flyer Program :

Executive Club

Fleet Strength:

242 (+37 orders)

Objectives:

Nationally and Internationally

Financial Analysis of British Airway's

The ratio analysis involves comparisons. Different ratios of the company are calculated with the given data of the company from (financial statements and balance sheets). The ratio analysis provides in-depth and timely information to the management for critical strategic decision making (Bull 2008, pp. 21-32). Different ratios are calculated in the ratio analysis which provides different aspects of the company's performance such as (EPS) earnings per share ratio. Financial ratios are the numbers that have certain connotations in the analysis of financial statements. These ratios are calculated by dividing two numbers (two items) were present in the financial statements.

These figures May be taken numbers from the budget or income statement or cash flow statement or taken a number from the list, and the other figure is taken from another list. It is rare that the figures are taken from the list of shareholders1. These figures are used to determine the company's profitability and financial capacity over a period of time (Edward 2005, pp. 11-43). Financial ratios are useful marker of a firm's act of leading, performance and ...