Ayling banks on revamped fleet to fly out of trouble
Article Abstract:
British Airways Chief Executive Bob Ayling is confident about the airline's future, even though its shares have underperformed the market by 50% in the three years since he has been in control. He forecasts that British Airways will easily reach its target of 1 billion pounds sterling in efficiency savings by 2000 to 2001. He emphasizes that British Airways will become more efficient, focusing on high-yielding services for business passengers.
Comment:
Has set target of 1 billion pounds sterling for efficiency savings by 2000-2001
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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UK: MANAGEMENT RESHUFFLE PLANNED AT BA
Article Abstract:
It is understood that a wholesale management reshuffle is being planned by the chief executive of British Airways (BA), Rod Eddington. The changes are expected to take place in the airlines 10-man operational executive team rather than at board level. The reshuffle follows the collapse of merger talks with the Dutch airline, KLM. British Airways also revealed plans to drop unprofitable routes and free up more space at Heathrow.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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AUSTRALIA: EDDINGTON KEEN ON QANTAS SEAT
Article Abstract:
Rod Eddington, the chief executive of British Airways (BA), is keen to become a board member of Qantas, the Australian airline, which is 25% owned by BA.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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