As you know there are different types of Ownerships in a business such as a Sole Trader, Partnerships, Private Limited Company, Public Limited Company and Franchisees. Today, I am going to compare two Business's Aims, Objectives, Ownership and the purpose of the businesses.

Sunday 31 October 2010

British Airways

The Ownership of British Airways is Public Limited Company.
This means that British Airways is owned by a Man called Martin Broughton, who is the chairman of British Airways.

About 57,000 people work for British Airways.

The turnover for British Airways for 2009 was £7994 million. British Airways turnover for 2010 is still proceeding on and as of this, we cannot get any information on the turnover for 2010. Unfortunately, we will have to wait until December to find the results.

However, British Airways did not make a profit in 2009, they made a loss of £38.50 million. For 2010, the results are still going on, which means that we will have to wait until the end of December for the figures.

British Airways have World Wide Reservations, this means that you will have to count the number of airports that have British Airways planes. However, British Airways have 233 aircraft's.

British Airways is a Large business as it is amongst the top air service business.

British Airways is a Global business as it not only provides a service in Europe but also provide a service all over the world.

British Airways is a Tertiary sector. They provide a service such as flying you to another country of your wish. Also because you have to buy the service such as buying the ticket. A tertiary sector is a sector that covers all the services and where nothing is produced.

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