Financial analysis of British Airways British Airways Financial analysis The fol get-going pages comprise of a financial analysis of British Airways for the financial twelvemonth culmination March 31, 1999. British Airways is a well-established bon ton and has enjoyed high cyberspace for the majority of its existence. However, the most figment accounts that have been published spread abroad a different communicative of how the year has been. British Airways produced a pre-tax profit of ?225 one million million. This is ?355 million less(prenominal) than in 1998 which illustrates the dip in demand for British Airways services.
Although this decline in profits of 61% seems impossible it was caused by a phase of abnormal expenses. For example the company spent ?35 million on computer systems to go out that they are “year 2000 lamblike”. British Airways also entered the low cost oxygenate touch off market during the year with the dip of “Go”, which is campaign at a loss as it tries to establish ...If you neediness to get a full essay, order it on our website:
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