| Business Summary | | British
Airways
plc
is
the
holder
of
British
Airways,
the
world's
largest
international
passenger
airline.
Its
mainline
scheduled
route
network
is
one
of
the
world's
most
extensive.
In
1998-1999
the
airline
operated
an
average
of
over
one
thousand
flights
a
day
on
an
unduplicated
route
network
of
about
686,000
kilometers.
The
British
Airways
Group
fleet
as
at
31st
December
1999
comprised
356
aircraft.
The
airline's
main
bases
are
London
Heathrow
Airport,
the
largest
international
airport
in
the
world
and
London
Gatwick
Airport,
which
is
now
the
sixth
largest.
The
British
Airways
Group,
including
Deutsche
BA,
and
Air
Liberté,
carried
a
record
45
million
passengers
during
1998-99. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | British
Airways
plc
is
engaged
in
the
operation
of
international
and
domestic
scheduled
passenger
airline
services.
For
the
three
months
ended
6/30/01,
revenues
fell
1%
to
L2.30
billion.
Net
income
according
to
U.S.
GAAP
adjustment
totaled
L42M
vs.
a
loss
of
L64M.
Results
reflect
lower
scheduled
cargo
revenues
due
to
a
decrease
in
cargo
carried.
Net
income
benefitted
from
a
more
favorable
U.S.
GAAP
adjustment
and
a
gain
on
the
sale
of
assets
vs.
a
loss. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Lord Marshall, 66 | Chairman | Rod Eddington, 50 | CEO,
Director | Derek Stevens, 61 | CFO | Robert Webb | Gen.
Counsel | Dale Moss | Director
of Sales |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|