Documente Academic
Documente Profesional
Documente Cultură
Project Report
Of
Economics
Background:
In 1967 the government established a committee of inquiry
into Civil Aviation under Sir Ronald Edwards. The Edwards
Committee reported in 1969 with one of the
recommendations being the formation of a National Air
Holding Board to control finances and polices of the two
government-controlled airlines, the British Overseas Airways
Corporation (BOAC) and British European Airways
Corporation (BEA). The recommendation was enacted in
1971 with the passing of the Civil Aviation Act 1971 which
formed a British Airways Board to control all the activities of
the two airlines. British Airways (BA) was created in 1974,
when BOAC and BEA managements were combined under
the newly formed British Airways Board. Following two
years of fierce competition with British Caledonian, the
second-largest airline in Britain at the time, the Government
changed its aviation policy in 1976 so the carriers were no
longer permitted to compete on long-haul routes.
Type of business:
British Airways is “joint stock Company”, because it is
merger of two companies British Overseas Airways
Corporation (BOAC) and British European Airways
Corporation (BEA).
Year 2008=27/11336=0.002
Year 2007=90/8492=0.010
Position: