British Airways Adjusts Business Plan

British Airways, like its counterparts in the United States, is having a difficult time thriving during the current global economic slowdown. In an attempt to adjust to the current financial climate, the airline is making a number of different business alterations.

The changes British Airways is making include cutting down the number of seats available on each flight, postponing the 12 new Airbus planes it had planned to add to its fleet and grounding planes to compensate for the lack of capacity.

In June, the year-over-year comparisons showed a significant drop in capacity. Industry experts are blaming the drop of business travelers all around the world. Reports indicate that a drop in business travelers from Asians cities to London has specifically been troubling.

Currently, British Airways has approximately 40,000 eomployees. However, due to these economic troubles, the company will reportedly look to cut around 10% of its workforce.

British Airways (Image: Flickr)