March 04, 2015 2:51 AM ET

Airlines

Company Overview of British Airways Plc (UK)

Company Overview

British Airways Plc provides international and domestic scheduled air services for the carriage of passengers and cargo. It flies to approximately 400 destinations worldwide. The company also provides airline marketing, aircraft financing, aircraft maintenance, package holidays, and insurance services. As of December 31, 2013, it operated a fleet of 278 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.

Waterside

PO Box 365

Harmondsworth,  UB7 0GB

United Kingdom

Founded in 1972

41,857 Employees

Key Executives for British Airways Plc (UK)

Executive Chairman and Chief Executive Officer
Age: 58
Chief Financial Officer and Director
Managing Director of Operations, Member of Management Board and Director
Chief Commercial Officer and Director
Age: 47
Managing Director of Brands & Customer Experience and Director
Compensation as of Fiscal Year 2014.

British Airways Plc (UK) Key Developments

British Airways Announces Earnings Results for the Third Quarter Ended September 2014

British Airways announced earnings results for the third quarter ended September 2014. For the quarter, the company's operating profit rallied 27% to EUR 607 million.

British Airways Expands London-Tel Aviv Service

Starting in the summer of 2015, British Airways is raising the seat capacity on the London-Tel Aviv route by about 50%. Six weekly flights will be added, raising the total number to 20. British Airways says that it operates a longhaul service on its Tel Aviv-London route, despite the relatively short flight duration and distance, offering advanced entertainment systems with personal touchscreens, high quality catering and free offering of quality soft and alcoholic beverages. All the airline flights on the route are operated via Heathrow Terminal 5.

British Airways to Introduce New Dreamliner to Montreal

British Airways announced that from March 29, 2015, Montreal will be served by the airline's new Boeing 787 Dreamliner fleet, marking the first scheduled Dreamliner service between Montreal and London. The airline operates a daily service between the two cities and provides connections to more than 130 cities beyond London. The 787 offers customers many benefits including three cabin classes with comfortable seating and extensive entertainment options. With cabins pressurized at 2,000ft lower than other aircraft (6,000ft), customers will arrive at their destination feeling more refreshed and less likely to experience jetlag. Its smooth ride technology, whisper-quiet cabin and mood lighting all help to lull travelers to sleep at night and to wake them gently in the morning.

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