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Essay

Financial Analysis Of British Airways

Essay specific features

 

Issue:

Business

 

Written by:

Elizabeth H

 

Date added:

October 14, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

15 / 4051

 

Was viewed:

9477 times

 

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Essay content:

Let us now consider these changes in more detail. British Airways earns revenue from 3 published sources: Passenger services, cargo services and ?other,' being mainly fuel surcharges. Revenues fell their sharpest during y/e 31 Mar 2002, by 10.1% or ?938m. The atrocities of the terrorist attacks in New York on September 11 hit the airline hard in the third quarter of trading...
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In addition there was a general economic downturn and ?foot and mouth' disease in the UK. These factors led to a reduction in passenger numbers of 10.0% or 4.5m (from 44.5m to 40.0m). Consequently passenger revenues made up 81.8% of the decrease. Decreases were experienced across all geographical regions except for ?Africa, the Middle East and Indian Sub-continent...
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