Management Accounting Of British Airways - 1573 Words

Management Accounting of British Airways This report is produced to explain how management accounting can help to assist management of British Airways. This report includes how British airways began its operation, the various services it provides, competitors and how management accounting techniques help grow the organisation. This report focuses on background of the British Airways, company analysis, and cost analysis and how management accounting techniques can assist Management of British Airways. Background of the company British Airways Plc. (BA) is one of the largest airlines and also a flag carrier of United Kingdom. It serves more than 180 destinations and to 160 countries worldwide. It has always been considered as one of the leading airlines and is also known for its excellence, quality, full air and ground services (Corporate Responsibility, 2009).British Airways is the founding member of Oneworld airline alliance. In January 2011, it merged with Iberia of Spain to create International Airlines Group (IAG), the third largest airline group in terms of revenue. (Iairgroup.com, 2015) The fundamental assets of British Airways are its balanced of network of operation from London Airports. It offers innovative range of products and services from passenger services, engineering to cargo services. (Britishairways.com, 2009)The main objective of BA is to be the airline of choice for long journeys, delivering an outstanding service for customers. It aims to increase globalShow MoreRelatedBritish Airways1624 Words   |  7 PagesBRITISH AIRWAYS PLC INTRODUCTION In this report, I am going to be looking at British airways plc., how it began it operation its activities, the services it provides, its annual turnover, how it has grown over the few years, the comparison between its competitors and how management accounting can help it grow even better. This report will focus at a background of a chosen organisation, company analyses, cost structure strength and weakness and review it nature and how Management Accountant canRead MoreThe Airline Industry Value Chain Essay1739 Words   |  7 Pagescomprehensive passenger reservations, inventory control, fares, ticketing, and departure control functions (AirportTecnology.com 2006). This allows airlines to reduce their costs of wages and paper transactions, and maximize utilization. • Yield management Ââ€" this allows the airlines to compare their available seats against demand for particular flights to price the tickets accordingly. 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In addition, British AirwaysRead MoreSocioeconomic Status in Brazil42043 Words   |  169 PagesBritish Airways Plc Annual Report and Accounts Year ended 31 December 2012 Company registration number: 1777777 This page has been intentionally left blank Contents Officers and professional advisers 1 Business review and Directors’ report Business review Management review Financial review Internal controls and risk management Directors’ report 2 5 8 12 Directors’ responsibilities statement in relation to the financial statements 14 Independent auditors’ report 15