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Assignment 2: factfile
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This is a factfile that explains the three sectors- private, public and voluntary- whilst going into detail in three different companies that are in these sectors.
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Assignment 2- Fact fileTravel and Tourism industry:
Private, Public and Voluntary
Kiarah Austen
, British Airways is a global airline that focuses on bringing people, places, and diverse cultures
closer. They serve the community efficiently whilst caring for the planet as it is at “the heart of
everything.”
About: Aims and objectives:
British Airways is an airline company which was British Airways has a vision; it is to bring a change
into the world. For them, whether it is neutralising
formed in April 1974 by the British
the carbon emissions from flights or engaging and
government, although it is now a private supporting the local communities, British Airways
company (since 1987). This airline is the fusion wants to bring positivity to the world while giving
of the British Overseas Airways Corporation, a purpose of sustainability and togetherness. With
British European Airways and their associated their goal of becoming the world's leading global
companies. It is the UK’s biggest national premium airline, British Airways will focus
airline with it providing 200 flight destinations. completely on customer service (like they are
Its headquarters situated at Harmondsworth, already doing) at every point of a passenger's
London Borough near the airline’s main hub: journey with them. British Airways has their own
Heathrow Airport. The CEO and chairman of mission statement, which is “to ensure our
British Airways is Sean Doyle. customers fly confidently that together, we are
acting responsibly to take care of the world we
live in” whilst also aiming to be “the undisputed
leader in world travel for the next millennium.”
Partnership:
British Airways is a member of One world
Revenue:
meaning that they have many partnerships.
These include Qatar airways, China Southern, From this source, in 2018, British Airways made a
American Airlines, Finnair, Iberia, Aer Lingus, revenue of £13,020 million. However, recently the
and Japan Airlines. By having partnerships International Airlines Group- the owners of British
with many airlines from around the world, Airways- expects annual operating profits to
this means that British Airways can offer more surpass €1 billion (this is around £873,961,500) in
flight choices, better connections and better the year of 2022, although this doesn’t provide the
pricing. exact revenue in 2022 for British Airways.
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