Economic analysis of British Airways

   Economic analysis of British Airways.The flight company is highly sensitive to any financial crisis. Recession causes company journey, which is considered as the bread-and-butter of the flight market, to drop significantly. The global recession in 2008, has tremendous effects on the flight market. There are a number of factors that affected the company of British Airways costs increases in oil and products, failure of sterling, unmatched financial crisis experienced by the United Kingdom. Consumer and company confidence on airways dropped because of rising lack of employment, doubt in the capital markets, a continuing press on credit score, the breakdown of household costs and falling house costs. The economy has had a major negative effect on facts British Airways travelers of late. Because of the depression less and less many individuals have been taking overseas holidays meaning that flight traveler figures are down. Next, another risk is the price of fuel, as the raise oil price will turn to improve the production price. Usually, they will improve the tickets costs so as to share pressure with customers. Moreover, as poor exchange rate will affect British Airways as well, such as decline pound would reduce the amount of monetary journey, individuals may just talk on phone or internet call, such as skype.