https://padlet.com/sobiafzuae/reading1 en-us 2021-08-28 14:43:48 UTC 2023-10-09 15:19:13 UTC hello@padlet.com https://padlet.net/icons/png/1f6eb.png sobiafzuae https://padlet.com/sobiafzuae/reading1/wish/2738277802 Marked reduction in travel due to country-wide and world-wide restrictions on national and international travel. Due to this, British Airways incurred a loss of 7.4 bn in the year 2020.]]> 2023-10-09 14:34:23 UTC https://padlet.com/sobiafzuae/reading1/wish/2738277802 fh423_2 https://padlet.com/sobiafzuae/reading1/wish/2738277809 The airline has been forced to make some tough decisions in order to stay afloat, including cutting over 12,000 jobs during the pandemic.]]> 2023-10-09 14:34:23 UTC https://padlet.com/sobiafzuae/reading1/wish/2738277809 https://padlet.com/sobiafzuae/reading1/wish/2738279724 In 2020 the UK received 11.1 million inbound visitors, who spent £6.2 billion, a decline of 73% in visits and 78% in spend on 2019, representing a loss to the UK economy of £22.2 billion.]]> 2023-10-09 14:35:30 UTC https://padlet.com/sobiafzuae/reading1/wish/2738279724 fh423_2 https://padlet.com/sobiafzuae/reading1/wish/2738279732 To make up for lost revenue from canceled flights, British Airways will be offering more affordable fares, as we have seen now through BA EuroFlyer.]]> 2023-10-09 14:35:31 UTC https://padlet.com/sobiafzuae/reading1/wish/2738279732 fh423_2 https://padlet.com/sobiafzuae/reading1/wish/2738281249 The airline is also investing in new technology that will make flying safer and more efficient. This includes contactless check-in kiosks and self-service bag drop areas.

]]> 2023-10-09 14:36:30 UTC https://padlet.com/sobiafzuae/reading1/wish/2738281249 fh423_2 https://padlet.com/sobiafzuae/reading1/wish/2738288938 2023-10-09 14:41:23 UTC https://padlet.com/sobiafzuae/reading1/wish/2738288938 https://padlet.com/sobiafzuae/reading1/wish/2738299252 According to Skys news on 20th April 2020, the British Airways had to cut around 12,000 jobs during the Covid Pandemic, based on British Airways redundancy and restructuring model. This was done because people were not travelling, so they were not getting patronage from customers, etc. So, they had financial issues, they struggled to survive. ]]> 2023-10-09 14:48:03 UTC https://padlet.com/sobiafzuae/reading1/wish/2738299252 https://padlet.com/sobiafzuae/reading1/wish/2738300409 According to the Guardian Newspaper published on 26 February 2021, the cost of aviation fuel increased, and only 5% of British Airways Airlines were operational, so this hugely impacted on their revenue.]]> 2023-10-09 14:48:46 UTC https://padlet.com/sobiafzuae/reading1/wish/2738300409 fh423_2 https://padlet.com/sobiafzuae/reading1/wish/2738301988 Parlimant UK . There are a series of laws in place which dictate how redundancies have to be considered and the Government has done what it can to encourage both sides to sit down and negotiate, while calling on British Airways to be absolutely responsible in the way that they hire and treat their staff.]]> 2023-10-09 14:49:51 UTC https://padlet.com/sobiafzuae/reading1/wish/2738301988 sobiafzuae https://padlet.com/sobiafzuae/reading1/wish/2738312015 As a global company, British Airways was hugely impacted by Covid-19 in the following ways:
1- Due to local and international travel restrictions, there was a marked reduction in travel demand and the business incurred a loss of 7.4 bn in 2020 (The Guardian, Feb 2021) leading to only 5% of the business operational.
2- According to Sky News, due to loss in business, 12000 jobs were cut by the company.
3- The company needed to invest in restructuring of the business so as to cope with the changes brought about by Covid.]]> 2023-10-09 14:56:27 UTC https://padlet.com/sobiafzuae/reading1/wish/2738312015 fh423_2 https://padlet.com/sobiafzuae/reading1/wish/2738314668 2023-10-09 14:58:24 UTC https://padlet.com/sobiafzuae/reading1/wish/2738314668