Net profit came in at 431 million euros ($457 million) last year compared with a loss after tax of 2.9 billion euros in 2021, IAG said in a statement. March 2, 2022. But we recognise that flying comes at a cost to the environment and we need to take urgent action to tackle the impact it has on our planet. As a Premium user you get access to the detailed source references and background information about this statistic. Academia.edu uses cookies to personalize content, tailor ads and improve the user experience. Thats why were creating a great place to work thats diverse and inclusive, allowing everyone to thrive and feel like theyre part of a community. statistic alerts) please log in with your personal account. BRITISH AIRWAYS TEAMS UP WITH UBER TO . Message from Sean Doyle, our CEO and Chairman Our ESG performance data is independently audited as part of our Group Annual Report and Accounts process in addition to our own compliance audits. Use Ask Statista Research Service. LONDON, United Kingdom, Feb 24 - IAG, owner of British Airways and Spanish carrier Iberia, announced Friday a return to profit in 2022 as the global aviation sector reopened from Covid lockdowns. BAs Club Suite will feature on 68 Heathrow based long haul aircraft by the end of the year. Between 1 April 2021 and 31 March 2022, the Bank's provision of financial support to smaller businesses through its core programmes increased from 8.5 billion to 12.2 billion. This statistic is not included in your account. 22,410m, 2.0% Title Reports Presentations Webcasts XHTML; 2021 Annual report and accounts: Full year results statement: FY 2021 Trading Update: Q3 2021 Trading Update: Half year results statement To be the worlds leading airline group, maximising sustainable value creation for our shareholders and customers. Load More . LONDON, Feb 25 (Reuters) - British Airways owner IAG ICAG.L said it expected passenger capacity to grow to 85% of pre-pandemic levels and a return to profitability in 2022 after a collapse in. Its top business destinations are San Francisco, New York, San Jose, Los Angeles, Chicago, and Austin (British Airways, 2021). BAs capacity in 2022, measured by Available Seat Kilometres, will be around 80% of 2019 levels. With BA consolidating all short haul routes at Heathrow, the airline has seen the benefit of which ones complement the long haul network. Profit from the additional features of your individual account. NAS - Supplement no. You can change your cookie settings at any time. ", Companies House, Annual revenue of British Airways plc from 2012 to 2020, by country (in billion GBP) Statista, https://www.statista.com/statistics/1131702/revenue-british-airways-plc-country/ (last visited March 04, 2023), Annual revenue of British Airways plc from 2012 to 2020, by country (in billion GBP) [Graph], Companies House, April 21, 2021. IAG CEO Luis Gallego confirmed that following the termination of its original deal to buy Air Europa the airline is exploring offers from other European airline groups. This will be mainly accounted for by markets to mainland China & Hong Kong which are expected to remain closed well into this year. to incorporate the statistic into your presentation at any time. British Airways has introduced changes at every step of the journey, with new protective measures on the ground and in the air. Ao Com So Af I A Ro 2021 1 ACI Airports Council International ACSA Airports Company South Africa SOC Ltd AMSIS Airport Management Share Incentive Scheme ASQ Airport Service Quality B-BBEE Broad-based black economic empowerment CEO Chief Executive Officer CFO Chief Financial Officer Companies Act Companies Act, No. This is just an info notification message. To browse Academia.edu and the wider internet faster and more securely, please take a few seconds toupgrade your browser. The claim: British Airways is talking with the U.K. about whether vaccinated pilots can safely fly As vaccination rates climb domestically and abroad, the world is gearing up to resume travel.Yet . Key achievements 2021 Deliveries rise 8% to 611 aircraft Strong increase in order intake A350F launched, orders received Decarbonisation initiatives progress Read more about Airbus Commercial Aircraft Airbus Helicopters statistic alerts) please log in with your personal account. CLUB WORLD FULL-SERVICE RETURNS TO . IAG and Air Europa were to explore alternative structures that could satisfy all sides and competition regulators, but this now appears to be a non-starter. Academia.edu no longer supports Internet Explorer. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. You only have access to basic statistics. JetBlue's 2021 Annual Report 2020 Social Impact Report JetBlue's 2019 - 2020 Environmental Social Governance Report . 2022 2021 2020; Form 56-1 One Report: Year 2021: Annual Report Please do not hesitate to contact me. IAG, the parent company of Aer Lingus, BA, Iberia, LEVEL and Vueling, released its annual results today, Friday 25 February 2022. Thanks to the generosity of our colleagues and customers, Flying Start has raised more than 26 million, helping more than 800,000 disadvantaged young people in the UK and around the world have the best possible start in life. Get full access to all features within our Business Solutions. Their. Chart. This presupposes no new COVID-19 variants will result in travel restrictions. A founding member of the oneworld alliance, the airline flies to more than 180 destinations, including six cities within the United Kingdom, as well airports across Europe, Africa, Asia, North America, South America and Oceania. The enthusiasm for its return was described as encouraging. [Online]. It also provides aircraft maintenance, repair, and overhaul services for other aviation and airline customers, as well as offers staffing services, professional security and training services, and aviation solutions; vacation packages; and aircraft charters. British Airways has a robust Environment Management System to identify environmental risks and opportunities, set objectives, deliver compliance and monitor performance. Are you interested in testing our business solutions? Use this form to log in to your account or to create an account for the British Airways executive club. Erick Burgueo Salas. Use Ask Statista Research Service. Use Ask Statista Research Service. Sustainability Report 2017; Sustainability Report 2018; Environmental Sustainability Strategy; Reports & presentations. Are you interested in testing our business solutions? Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 10 years ago the relative fortunes of the two airlines was the reverse. 8,747,000, 6.4% Learn more about how Statista can support your business. "Number of passengers traveling with British Airways and its subsidiaries from 2011 to 2021 (in 1,000)." You need at least a Starter Account to use this feature. As industry leaders in tackling climate change, were driving urgent action towards net zero emissions and respectful use of resources with a clear roadmap of initiatives and goals. The main hub of British Airways is at London Heathrow Airport. Access to this and all other statistics on 80,000 topics from, Show sources information Companies House. Access to this and all other statistics on 80,000 topics from, Show sources information Given many BA routes to Asia are still suspended this will have a limited impact in the short term. Quarterly Results. 02-11-22. to incorporate the statistic into your presentation at any time. (March 17, 2022). ", IAG, British Airways Plc's worldwide revenue from FY 2010 to FY 2021 (in million GBP) Statista, https://www.statista.com/statistics/264296/british-airways-worldwide-revenues-since-2006/ (last visited March 04, 2023), British Airways Plc's worldwide revenue from FY 2010 to FY 2021 (in million GBP) [Graph], IAG, March 2, 2022. British Airways (BA), the United Kingdom's national airline, was formed in 1974 with the merger of the two largest UK airlines, British Overseas Airways Corporation (BOAC) and British European Airways (BEA), and including also two smaller regional airlines, Cambrian Airways and Northeast Airlines.The merger was the completion of a consolidation process started in 1971 with the establishment of . As soon as this statistic is updated, you will immediately be notified via e-mail. We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. Academia.edu no longer supports Internet Explorer. As expected, the group made a substantial operating loss of 3 billion for the year. Passenger load factor As a Premium user you get access to background information and details about the release of this statistic. The Qantas Group Annual Report contains key financial information as well as important operating and corporate information about the Qantas Group. British Airways has a robust modern slavery and human trafficking policy in line with our parent company IAG. Accessed March 04, 2023. https://www.statista.com/statistics/264296/british-airways-worldwide-revenues-since-2006/, IAG. In, IAG. We're now creating a BA Better World Community Fund to deliver life-changing opportunities and aid to the communities we serve. This is just a success notification message. IAG. British Airways EMPLOYEE PARTICIPANTS 52 TOTAL RATINGS 307 CEO Overview Leadership Reviews Salaries Competitors Interviews Q&A Rate This Company Home Companies British Airways Mission, Vision & Values British Airways Mission, Vision & Values British Airways Mission Statement Figures prior to 2019 were taken from previous reports. , Oct 10, 2022. British Airways Plc Annual Report and Accounts Year ended 31 December 2012 Company registration number: 1777777 fThis page has been intentionally left blank fContents Officers and professional advisers 1 Business review and Directors' report Business review Management review 2 Financial review 5 Internal controls and risk management 8 Directors' To use individual functions (e.g., mark statistics as favourites, set However, this will affect flights to Tokyo Haneda which were due to resume in late March. Annual Reports - PDF; Annual Report 2021: Annual Report and Form 20-F 2021 (12.6 mb) Combined Performance and ESG Summary 2021 (4.6 mb) . You've rejected analytics cookies. In 2021, due to travel restrictions worldwide, the annual passenger revenue of British Airways plc was roughly 2.3 billion British pounds, a decrease compared to the previous years.. At British Airways, we're on a journey to create a better, more sustainable future. Cargo tonne km Chart. IAG was quick to scotch any suggestion that the group may follow other airlines and explore the disposal of all or part of its Avios loyalty programme. Passenger load factor The 2022 Sustainability Report details progress made under the Qantas Group Climate Action Plan as well as toward the Group's key environmental, social and governance targets. The ideal entry-level account for individual users. statistic alerts) please log in with your personal account. It also enables us to deploy our people and resources to help communities affected by crisis. We use some essential cookies to make our services work. As a Premium user you get access to background information and details about the release of this statistic. It also has a significant presence at Gatwick Airport. Figures have been rounded. This is just an error notification message. You need at least a Starter Account to use this feature. "Annual revenue of British Airways plc from 2012 to 2020, by country (in billion GBP)." To learn more, view ourPrivacy Policy. A paid subscription is required for full access. Accessed March 04, 2023. https://www.statista.com/statistics/734311/british-airways-passenger-figures/, Companies House. BA Better World Community Fund. Since 2013, weve raised more than 1.5 million to help people affected by humanitarian crises through our work with the DEC. We also work with other humanitarian organisations to help relief workers get where they need to be, and in partnership with IAG Cargo, shipments of lifesaving supplies. 578m, 5.5% As soon as this statistic is updated, you will immediately be notified via e-mail. To use individual functions (e.g., mark statistics as favourites, set Consumers generally appear to see flight vouchers as a sunk cost and use them as part payment, rather than full payment, for flights. Learn more about how Statista can support your business. BRITISH AIRWAYS LAUNCHES NEW SMART . As a percentage, this is the lowest of any IAG airline. British Airways (BA) is the flag carrier airline of the United Kingdom. IAG combines leading airlines in Ireland, Spain and the UK, enabling them to enhance their presence in the aviation market while retaining their individual brands operations. In the past three years, weve raised more than 2 million alone for early childhood development projects in the UK, India, South Africa and Ghana. April 21, 2021. Companies House. This is just a warning notification message. Our British Airways Better World sustainability strategy is aligned to IAGs vision to be the leading airline group on sustainability and is embedded in British Airways' delivery groups.