Financial analysis of British Airways British Airways Financial thickset 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 new(a) accounts that have been published tell a different level of how the year has been. British Airways produced a pre-tax profit of ?225 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 mixing of abnormal expenses. For example the company spent ?35 million on computer systems to ensure that they are “year 2000 compliant”. British Airways also entered the low cost oxygenate change of location 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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