newstodate.aero
MAR 26, 2003 (newstodate): BA has announced a package of measures in response to the impact on its business of the conflict in Iraq.
Measures include an overall capacity cut of four per cent in April and May, involving reduced frequencies and the use of smaller aircraft.
Also included are an accelartion from MArch 2003 to September this year of a manpower reduction target of 13,000, and a review of all capital expenditure and external spendings.
-We have had the opportunity to plan our response on this occasion and go into this downturn a leaner, fitter company. Before todays adjustments to our flying programme, we had already reduced our capacity by 20 per cent in the last two years and reduced our manpower by 10,000, says Rod Eddington, BA chief executive.
Measures include an overall capacity cut of four per cent in April and May, involving reduced frequencies and the use of smaller aircraft.
Also included are an accelartion from MArch 2003 to September this year of a manpower reduction target of 13,000, and a review of all capital expenditure and external spendings.
-We have had the opportunity to plan our response on this occasion and go into this downturn a leaner, fitter company. Before todays adjustments to our flying programme, we had already reduced our capacity by 20 per cent in the last two years and reduced our manpower by 10,000, says Rod Eddington, BA chief executive.