Quantcast

British Airways unveils $8.8 billion plan for future growth

Here's how Southwest Airlines' new seating and boarding process will work
Delta Adds New Route to Asia
Southwest Airlines will begin selling assigned seats in 2025
United Airlines Pilot Buys Passengers Pizza In Albuquerque After Flight Was Delayed 7 Hours
Czech Airlines to Cease Operations, Ending 23-Year SkyTeam Partnership
An Asian airline hopes launching one of the world's longest narrowbody routes will actually be a comfort upgrade for passengers
Airlines begin canceling flights, offering rebooking ahead of Hurricane Helene
Southwest Airlines to cut service and staffing in Atlanta to slash costs
New heights, new features: Discover Alaska’s enhanced Flight Pass subscription service
Alaska Airlines completes acquisition of Hawaiian Airlines, expanding benefits and choice for travelers
American Airlines welcomes JetSMART to the award-winning AAdvantage program
Explore Japan for free? Japan Airlines offers free domestic flights to foreign travelers
Delta named Official Airline Partner of Birmingham City Football Club
American Airlines to Cut These Routes to Las Vegas, Orlando, and More — Here's Why
Alaska Airlines completes acquisition of Hawaiian Airlines, expanding benefits and choice for travelers
Southwest wouldn't really start charging for bags — right?
JD Power ranked this Midwest airport as the best among largest airports in North America
Alaska Airlines Chief Plans More Routes After a Deal With Hawaiian
Air Canada could begin suspending flights soon as strike deadline nears
JetBlue's new ticket policy entitles every passenger to a carry-on bag
Why United Airlines’ CEO makes as few decisions as possible
American invests in the future of aviation maintenance with new jobs, additional work
DOT probe seeks to determine if frequent flyer programs are fair to travelers
American Airlines flight diverted after passenger starts vaping
Russian Airline Wants $100 Million From Canada for Seizing Its Giant Cargo Plane
Here's where American Airlines is adding flights to Europe in summer 2025
Major airline grounds Airbus A350 fleet, citing faulty engine component
Airline CEO wants airports to cap passengers at 2 alcoholic drinks to limit on-board disruptions
Regulator cuts Malaysia Airlines' air operator certificate duration after probe
United Airlines flight attendants are prepared to strike. Here's why it's still unlikely.
British Airways unveils $8.8 billion plan for future growth
Policy
Webp received 3523813197751097
Colm Lacy British Airways' Chief Commercial Officer | Official Website

At the Altitude25 conference in Lisbon, British Airways' Chief Commercial Officer, Colm Lacy, outlined a significant investment program aimed at transforming the airline's operations. The $8.8 billion initiative will focus on technological improvements, including a new app and website, and is set to continue through 2027.

A key aspect of this investment is strengthening British Airways' position in London, particularly at Heathrow and Gatwick airports. "We want to grow and strengthen where we are in terms of London, the world’s biggest airline market, and particularly for premium travel," Lacy stated.

The investment will encompass fleet renewal, net-zero tracking, engineering and operations enhancements, modernization of commercial and IT systems, and customer service updates. A recent agreement with Boeing to acquire a hangar is expected to enhance operational stability. Lacy noted that this move would "increase our stability in terms of our MRO."

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

British Airways currently holds a 51% market share at Heathrow and 13% at Gatwick. The investment aims to increase its EBIT margin from 10% in 2023 to 15% by 2027 through growth in corporate travel and various transformations.

Lacy emphasized the need for digital transformation: "We have to have 100% serviceability online to meet our customers’ needs." The airline plans to launch a new digital platform as part of its strategy to modernize its retailing approach.

In April last year, British Airways partnered with Amadeus to implement Nevio, a solution designed for modern airline retailers. This platform aims to offer personalized services such as fast-track security and additional baggage options.

Organizations Included in this History
More News

Delta Air Lines is adjusting its service between Atlanta and Anchorage, extending flights beyond the summer travel season to a year-round offering.

May 15, 2025

Copa Airlines has announced its 55th anniversary in Colombia, emphasizing its role in connecting the country to North, Central, and South America, as well as the Caribbean through Panama's Hub of the Americas.

Apr 11, 2025

Flying Food Group has announced a recruitment drive for various positions at its Jamaica, New York facility.

Apr 11, 2025

Los Angeles International Airport (LAX) has announced that Earthbar, located in Terminal 6, is offering health-conscious options for travelers.

Apr 11, 2025

Avianca has announced the launch of a new route between Bogotá and Dallas, scheduled to commence on May 26.

Apr 11, 2025

Flying Food Group has announced a recruitment drive for multiple positions at its Newark, New Jersey facility.

Apr 11, 2025