Home / World / Asia / Business / Business Opportunities
|    Bookmark and Share Share
Post# A2298781

"British Airways CEO Addresses Airspace Closures and Oil Volatility" (India)

Posted on: Wednesday, 23 October, 2024  02:58
Updated On: Thursday, 24 October, 2024  02:46
Expires On: Friday, 22 November, 2024  01:58
Reply to: (Not Shown)

British Airways » is actively navigating the challenges posed by airspace restrictions due to geopolitical tensions and the volatility of crude oil prices, while remaining committed to its global operations. In an exclusive interview with CNBC-TV18 » , CEO Sean Doyle » discussed how these obstacles are influencing the airline’s trajectory.

Regarding geopolitical tensions, Doyle explained, “Russian airspace is closed. We face limitations in European airspace… but we are accustomed to adapting to changing circumstances.” With operations spanning 80 countries and flights to 200 cities worldwide, British Airways must maintain agility in its responses.

Doyle emphasized, “Our flight program has largely been unaffected by these changes and restrictions, and I am proud of how my team manages these challenges.”

The volatility of crude oil prices, particularly influenced by rising tensions in West Asia, remains a significant concern for the airline. “We aim to hedge against risks,” Doyle said, “but ultimately, you could spend a lot of time trying to anticipate which direction prices will move. What matters is being flexible in your business management.”

Despite these external challenges, British Airways is leading the way toward sustainability, especially in the area of sustainable aviation fuel (SAF) » . “We are committed to achieving 10% sustainable aviation fuel by 2030, and as a group, we’ve secured approximately 30% of that supply,” Doyle noted. This commitment underscores the airline's focus on innovation and environmental responsibility in a rapidly changing industry. Read More »



It is ok to contact this poster with commercial interests.

Bookmark and Share Share
44 hits