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Financial Analysis Of British Airways

Financial Analysis Of British Airways

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Title: Financial Analysis Of British Airways

Essay Details:

Subject: Business

Author: Carol R

Date: January 23, 2012

Level: University

Grade: A

Length: 14 / 4051

Essay text:

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. 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...

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