Describe the economic background of British Airways. Identify three Essay

Describe the economic background of British Airways. Identify three probelms and propose three solutions - Essay Example it would be to exhibit the proclamations of this corporation, we must first understand British Airways’ true economic past and current situation that we may assess any apparent failures and successes. British Airways has, in its years of operation, has continued its vocation with responsible and efficient provided services. In the suspect economy the international aviation market now possesses, it is almost ridiculous to specifically relate past economic standings to those of today, for today’s market differs even from yesterdays, ad infinitum. However, in keep this notion, we may view British Airways’ past economic conditions in comparison to the company’s internal and separate record. To be most efficient, we view the status of the company from the year 96 to present; keeping in mind, of course, how absolute the success of this business has been. With it’s highly regarded standing as one, if not the only, leading carrier in the UK, British Airways has carried millions of passengers out of 550 airports including its main station which is the largest international airport in the world; Heathrow. The company has multiple industry partners including franchise partner GB Airways, British Mediterranean, Sun Air and Comair, and â€Å"oneworld† partners Iberia, Qantas, Finnair, American Airlines, Aer Lingus and Cathay Pacific Airways. UNICEF, British Airways’ United Nations Children’s Fund, commenced in April 1994 and has raised funds to support many a good cause; the most recent development in the effort being the launch of the â€Å"Change for Good† programme which offers funds raised to aid needy children across the world. In 2005 alone, British Airways received 34 Awards in various months for its services and overall business standards. Among them: â€Å"Global 100 Most Sustainable Corporation s,† given by Corporate Knights Inc at the World Economic Forum in February; Best International Airline and Best Domestic Airline, given by the Association of