13/02/2002
British Airways axe 5,800 jobs to recoup £650m
British Airways is to axe 5,800 jobs as part of a package aimed at achieving cost cuts of £650 million a year.
The airline plan to cut routes and lower fares to combat losses amid a fall in passenger numbers. The cuts will see one-in-three head office and support posts go and will take the total number of staff axed by BA since August to 13,000.
Explaining his company's decision, British Airways chief executive Rod Eddington, said: “We started this review with one clear objective in mind - to turn this company around. We will remain true to our heritage of being a full service network carrier committed to customer service excellence and world-class products.
"But we must transform British Airways into a simpler, leaner, more focused airline so we can thrive and prosper in an increasingly competitive market.”
The carrier also plan to cut fares on shorthaul European routes in June in an effort to boost passenger numbers. The decision to lower fares on these flights were prompted by competition from low-cost airlines, which have thrived despite the industry downturn stemming from the September 11 terrorist attacks in the United States.
The firm also plan to copy budget carriers, such as Easyjet, in offering lowest fares to passengers who book through the internet, and cutting commission to travel agents.
However, Mr Eddington added: “We will not become a no frills airline nor will we launch one. We will compete profitably and intelligently alongside them by adopting what they do well - online bookings, high aircraft utilisation and pricing simplicity. We will mix it with what we do well - providing a great network with frequent flights from convenient airports, as well as delivering world class customer service.
“Our premium and frequent customers remain as important as ever and we will continue to invest in products and services that they value.”
(MB)
The airline plan to cut routes and lower fares to combat losses amid a fall in passenger numbers. The cuts will see one-in-three head office and support posts go and will take the total number of staff axed by BA since August to 13,000.
Explaining his company's decision, British Airways chief executive Rod Eddington, said: “We started this review with one clear objective in mind - to turn this company around. We will remain true to our heritage of being a full service network carrier committed to customer service excellence and world-class products.
"But we must transform British Airways into a simpler, leaner, more focused airline so we can thrive and prosper in an increasingly competitive market.”
The carrier also plan to cut fares on shorthaul European routes in June in an effort to boost passenger numbers. The decision to lower fares on these flights were prompted by competition from low-cost airlines, which have thrived despite the industry downturn stemming from the September 11 terrorist attacks in the United States.
The firm also plan to copy budget carriers, such as Easyjet, in offering lowest fares to passengers who book through the internet, and cutting commission to travel agents.
However, Mr Eddington added: “We will not become a no frills airline nor will we launch one. We will compete profitably and intelligently alongside them by adopting what they do well - online bookings, high aircraft utilisation and pricing simplicity. We will mix it with what we do well - providing a great network with frequent flights from convenient airports, as well as delivering world class customer service.
“Our premium and frequent customers remain as important as ever and we will continue to invest in products and services that they value.”
(MB)
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02 May 2006
Jobcentre staff begin two-day strike
Around 90,000 staff working in Jobcentres, benefit offices and the Child Support Agency have begun a 48-hour strike in protest over job cuts. The strike follows the collapse of talks between union officials and the government over proposals to cut 30,000 jobs.
Jobcentre staff begin two-day strike
Around 90,000 staff working in Jobcentres, benefit offices and the Child Support Agency have begun a 48-hour strike in protest over job cuts. The strike follows the collapse of talks between union officials and the government over proposals to cut 30,000 jobs.
02 September 2013
Minister Warns Of Dangers Of Privatising The Postal Service
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05 October 2001
Easyjet record stable passenger statistics
Budget airline Easyjet has revealed that passenger numbers fell by just three per cent last month, despite the downturn in the airline industry following the terror attacks in the United States. However, the level of business during that month was much higher than a year ago.
Easyjet record stable passenger statistics
Budget airline Easyjet has revealed that passenger numbers fell by just three per cent last month, despite the downturn in the airline industry following the terror attacks in the United States. However, the level of business during that month was much higher than a year ago.
19 March 2002
Airline sector exhibits first signs of recovery in traffic
Tentative signs of recovery in the airline sector have been bolstered by British Airways’ decision to restore part of its transatlantic services. From April, BA is to reinstate its transatlantic Concorde flights during the week, which will see Heathrow-US air traffic levels back to normal after the events of September 11.
Airline sector exhibits first signs of recovery in traffic
Tentative signs of recovery in the airline sector have been bolstered by British Airways’ decision to restore part of its transatlantic services. From April, BA is to reinstate its transatlantic Concorde flights during the week, which will see Heathrow-US air traffic levels back to normal after the events of September 11.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.