British Airways unveils business plan for 2006-2008

British Airways, an air company, has unveiled a two-year programme to drive down costs and strengthen customer service. The new business plan for the airline, the first since Willie Walsh became chief executive, includes provision for reducing costs by ВЈ450 million and setting new standards for airline customers, the company told Trend.

The plan covers the period from the end of March 2006 to the end of March 2008, when British Airways will move into its new operational home in Terminal 5 at Heathrow airport.

The plan includes savings across the airline worth ВЈ225 million in 2006-07 and a further ВЈ225 million the following year; investment of nearly ВЈ200 million to include a new Club World seat, on-demand films in all cabins and ba.com; establishment of new procedures aimed at major improvements in punctuality, and baggage performance in preparation for Terminal 5, plus greater use of self-service check in; proposals to enable the achievement of a 10 per cent operating margin and prepare the airline for future profitable growth.

For the 2006-2007 period, the airline has forecast revenue growth of four to five

per cent, driven by increased capacity and seat factors. The airlines fuel bill is forecast to be up by some ВЈ400 million in this timeframe.

British Airways franchise partner, BMED, offers daily flights between Baku and London Heathrow. Customers can chose from Club World (business class) or World Traveller (economy class) cabins. Passengers in Club World can enjoy the comfort of the ergonomically designed Cradle Seats and inflight entertainment delivered by personal video screens and audio channels, while World Traveller features all the comforts which passengers have come to expect from the airline.

With convenient morning flights, customers can make same day connecting flights to key European and North American cities via the British Airways network covering 157 routes in 77 countries, or the oneworld network covering over 605 destinations in 135 countries.

Subscribe to Trend in Google News! Subscribe
Serbian deputy PM to visit Azerbaijan
Serbian deputy PM to visit Azerbaijan
EU regulator set to rule on Pfizer COVID pill by end-Jan, ahead of Merck
EU regulator set to rule on Pfizer COVID pill by end-Jan, ahead of Merck
Croatia to send three delegations to Azerbaijan
Croatia to send three delegations to Azerbaijan
Loading Bars
Latest
Launch of Baku-Shusha bus route of particular importance for Shusha city - Special Representative of Azerbaijani President
Azerbaijan talks applications received by SMB Development Agency on creating business in liberated lands
Uzbekistan working to establish power supply in Tashkent region
Azerbaijan discloses annual turnover growth of E-PUL payment system for 2021
Price indexes of financial, construction sectors at Uzbek stock exchange fall
Toyota Caucasus becomes member of Business Association of Georgia
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan confirms 757 more COVID-19 cases, 302 recoveries
Turkmen livestock complex in Akhal region names volume of production
Uzbek company reveals volume of exports to French Bonduelle
Bank of Georgia supports new tower construction in Tbilisi
Iran’s Bahar Azadi gold coin price continues to rise
Azerbaijan sees growth in local banks' total assets in 2021
Azerbaijan unveils number of businesses affected during second Karabakh war (PHOTO)
Azerbaijan's monetary base increases in 2021
Iran shares value of shrimp exports
Azerbaijan’s Small and Medium Business Development Agency discloses number of start-up certificates issued in 2021
Azerbaijani President Ilham Aliyev sends congratulatory letter to chairperson of Organization of War, Labor and Armed Forces Veterans
Central Bank of Iran shares data on country’s foreign debts
Iran sees increase in liquidity
Azerbaijani Small & Medium Business Dev't Agency talks about its activities in 2021
Serbian deputy PM to visit Azerbaijan
EU regulator set to rule on Pfizer COVID pill by end-Jan, ahead of Merck
Kazakhstan records decrease in annual inflation in December 2021
Low-carbon transition pressures to accelerate in 2022
Iran unveils volume of electricity generated by Esfahan TPP
Capital of Iran’s Bank Mellat soars
Uzbekistan sees increase in newly created enterprises
IOM talks about areas of cooperation with Turkmenistan in 2022
Luxembourg’s SES S.A. continues steps within Kazakhstan’s state program foe economy dev't
Croatia to send three delegations to Azerbaijan
Luxembourg’s SES S.A. to launch satellites to boost internet speed in Kazakhstan
Labour migration from Turkey to Germany slightly increased in 2021
Iran shares data on production capacity of Petrochemical Special Economic Zone
Kazakhstan maintains positive trend in local consumer demand
Kazakhstan’s Samruk-Kazyna Fund preliminarily approves new procurement procedure
Georgia sees growth in residential property price index
Brazil's Embraer wins order for 20 aircraft from U.S. lessor Azorra
Judicial investigation of two Armenian citizens accused of terrorism completed in Azerbaijan
Russia records another 65,109 coronavirus cases
Azerbaijan's BTB Bank announces net profit for 2021
Georgia's hotels to see increase in demand – forecast
People wanted for grave crimes extradited to Azerbaijan - Prosecutor General
India’s imports from China soar to almost $100 bn, led by smartphones, machinery
Uzbekistan reveals structure of foreign trade turnover
Iran reveals COVID-19 data for January 24
Boeing invests $450 mln in flying taxi developer Wisk
Azerbaijan Gymnastics Federation resuming local competitions
German group of companies to construct plant in Uzbekistan
Turkmenistan's Akhal Electric Power Station boosts output rate
Azerbaijani police calls on citizens coming to Shusha to observe security rules
Georgia to provide financial support to senior citizens - PM
India's Infosys confident about more offshoring opportunities
Azerbaijani Defence Minister meets with Finland's MFA delegation (PHOTO)
Turkmen multifilament yarn manufacturer exports to foreign markets
National Bank of Kazakhstan increases base rate
JPMorgan merges EU operations into single German business
Turkmen enterprise reveals output of glass sheets
Turkmenistan's State Bank for Foreign Economic Affairs opens tender for audit
TAP’s technical forward capacity by Jan.30
Azerbaijan - Georgia's top fuel, lubricant supplier in 2021
NEQSOL Holding delivered Strategic HR Business Partner Program for HR professionals
Physical gas flows, nominations at TAP’s interconnections
Progress on iron foundry construction project in Kazakhstan unveiled
Weekly review of Azerbaijani oil market
Georgia’s hazelnuts export value, volume grow
Iran seeks to increase economic ties with Iraq
Iran to put taxes on petrochemical exports revenues
SOCAR Turkey talks on demand for STAR Refinery products
Kazakhstan unveils trade data with its top partners in Americas
First passenger bus from Baku arrives in Azerbaijan’s liberated Shusha (PHOTO/VIDEO)
Electricity generation booming at Iran’s biggest thermal power plant
Azerbaijan to hold auction to place Unibank’s bonds on Baku Stock Exchange
Azerbaijani AFB Bank discloses net profit for 2021
Turkmengaz to purchase material and technical resources via tender
Uzbekistan to support new projects of food producers
Anil Agarwal to set up $10 bn fund to hunt for govt assets
Outbreak alert: members of Georgia's government test positive for COVID-19
Azerbaijan approves agreement on customs co-op with Saudi Arabia
Iran records surge in number of flights via Shahid Beheshti Airport
Visa regime between Azerbaijan and Qatar cancelled
Iran's handmade carpet production declines
Footage of Iranian Minister of Roads and Urban Development arriving in Fuzuli International Airport published (PHOTO)
Uzbekistan to build new power units at its Angren TPP
Georgia’s Batumi City Hall talks loan interest to be paid out to EBRD, KfW
Turkmen Commodity and Raw Materials Exchange reveals trades for Jan. 17 through 22
Iran, Uzbekistan may be implementing eTIR system in pilot mode
Ukraine discloses number of incoming Azerbaijani tourists in 2021
Iran shares data on power generation of Shahid Rajaee TPP
First regular passenger bus from Baku arrives in liberated Aghdam (PHOTO)
Overall index of Tehran Stock Exchange drops
Kazakhstan increases fuel oil production in 10M2021
Uzbekistan to co-op with French Textile Industry Union in light industry
Iran discloses data on tourists visiting country
Azerbaijan to display historical monuments damaged by Armenia in Aghdam (PHOTO)
Bulgarian energy minister to visit Azerbaijan
Netaji Subhas Chandra Bose honoured by Indian Embassy In Germany; exhibition inaugurated
Iran, Belgium review co-op opportunities
Uzbekistan adopts new dev't program for 2022-2024
India's Republic Day 2022: Army troops to don uniforms from different eras, vintage and modern platforms on display
All news