We are taking a ruthless approach towards poorly performing routes and assets. Those not adding value to improve performance are being removed.
More Quotes from Rod Eddington:
The encouraging yield performance shows that our strategy is serving us well and, equally important, is helping us face the difficult market conditions.Rod Eddington
significant change to the size of British Airways as it takes further steps to address its cost base and sets the company on course to achieve a 10 percent operating margin.
Rod Eddington
We are looking hard at what we need to do. It may be necessary to look again at the number of people we employ. If that's necessary we will be working with unions and staff to move forward in a sensible way,
Rod Eddington
The luck I've had has all been bad. I've had the Concorde crash, 911,foot and mouth, the Gulf war, Sars and high fuel prices. It might make you doubt my sanity, but I've enjoyed it.
Rod Eddington
The figures show our strategy is delivering results, ... Most notably, our new Club World product (flying beds)... continues to push up yields and win market share from competitors.
Rod Eddington
We have made real progress in managing our costs but British Airways still faces a number of other considerable challenges some of which were apparent before the terrorist attacks on the U.S.
Rod Eddington
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Nominally, there is one executive for every eight federal employees, a ratio that would bankrupt many private industries.
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