Financial analysis of British Airways British Airways Financial drumhead The following pages comprise of a financial analysis of British Airways for the financial twelvemonth ending March 31, 1999. British Airways is a well-established company and has enjoyed high profits for the majority of its existence. However, the most romance accounts that have been published tell a different tale of how the year has been. British Airways produced a pre-tax profit of ?225 one thousand 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 unacceptable it was caused by a class of abnormal expenses. For example the company spent ?35 million on computer systems to ensure that they are “year 2000 pliable”. British Airways also entered the low cost oxygenate trip up market during the year with the launch 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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