Company Overview of British Airways Plc (UK)
British Airways Plc provides international and domestic scheduled air services for passengers and cargo. It flies to approximately 400 destinations worldwide. The company also provides airline marketing, aircraft financing, aircraft maintenance, package holiday, and insurance services. As of December 31, 2014, it operated a fleet of 279 aircraft. The company was founded in 1972 and is based in Harmondsworth, the United Kingdom. British Airways Plc is a subsidiary of International Consolidated Airlines Group S.A.
PO Box 365
Harmondsworth, UB7 0GB
Founded in 1972
Key Executives for British Airways Plc (UK)
Executive Chairman and Chief Executive Officer
Chief Financial Officer and Director
Managing Director of Combined Operations
Chief Commercial Officer and Director
Managing Director of Gatwick and Director of Strategy
Compensation as of Fiscal Year 2015.
British Airways Plc (UK) Key Developments
British Airways to Launch First Nonstop Transatlantic Service from San José, California to London, England
Aug 26 15
British Airways has announced that it will begin service between Mineta San José International Airport and London Heathrow from May 4, 2016. British Airways will operate the newest aircraft in its fleet, a Boeing 787-9 Dreamliner, featuring the airline’s newly designed First cabin.
British Airways plc Reports Consolidated Earnings and Operating Results for the Six Months Ended June 30, 2015
Aug 10 15
British Airways Plc reported consolidated earnings and operating results for the six months ended June 30, 2015. For the period, the company reported total revenue of GBP 5,469 million against GBP 5,577 million a year ago. Operating profit was GBP 356 million against GBP 269 million a year ago. Profit before tax was GBP 1,835 million against GBP 220 million a year ago. Profit after tax attributable to equity holders of the parent was GBP 1,761 million against GBP 167 million a year ago. Net cash generated from operating activities was GBP 784 million against GBP 1,133 million a year ago. Purchase of property, plant and equipment and intangible assets was GBP 305 million against GBP 886 million a year ago. Net debt as on June 30, 2015 stood at GBP 1.7 billion against GBP 2.0 billion on June 30, 2014.
For the period, the company reported revenue passenger kilometers of 68,225 million against 66,377 million a year ago. Available seat kilometers were 85,872 million against 83,864 million a year ago. Load factor increased by 0.3 pts.
British Airways Reports Traffic Results for the Month and Year to Date Ended June 30, 2015
Jul 3 15
British Airways reported traffic results for the month and year to date ended June 30, 2015. For the month of June 2015, the company reported revenue passenger of 12,596 Km (m) compared to 12,362 Km (m) a year ago. Available seat was 14,897 Km (m) compared to 14,688 Km (m) a year ago.
For the year to date ended June 2015, the company reported revenue passenger of 68,225 Km (m) compared to 66,377 Km (m) a year ago. Available seat was 85,872 Km (m) compared to 83,864 Km (m) a year ago.
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