Quantcast

British Airways unveils $8.8 billion plan for future growth

US court blocks Biden administration's airline fee disclosure rule
JetBlue Issues Dim Outlook But Execs Remain Confident in Turnaround Plan
These Frequent Fliers Are Done With Loyalty Programs
JetBlue accepting Venmo as payment method for flights purchased through mobile app
United Airlines stock rallies on results, as growing demand wasn’t just about premium seats
Delta Adds Another Alaska Route
Southwest to Reduce Pilot Head Count at Several Bases
Dublin Airport savings boost for holidaymakers – but passengers need to be quick
American Halts CRJ-200 Operations
Shanghai Airlines to Launch Casablanca Route
Delta employees to receive an average five weeks of pay in annual profit sharing
Akasa Air faces DGCA heat for lapses; warning letter issued to airline's accountable manager
Indigo Eyes European Market Amid Intensifying Competition with Air India
Air India to operate daily Delhi-Prayagraj flights for Maha Kumbh
Engine maker agrees to compensate WizzAir for grounded planes
Turkish Airlines’ flights are riddled with bedbugs, passengers say
British Airways frequent flyers react to Executive Club changes
Inside the short-lived, men-only flights where kids and women were banned but cigar and pipe smoking were rife
China steps up drive to break Boeing, Airbus grip on plane market
Heathrow’s New York service clings to spot in top aviation routes
Airline praises pilots in crash-landing where both died but nearly half the passengers survived
Mexico state airline to buy five Embraer planes next year
A record number of people are expected to fly over the holidays. That's good for travel stocks, but not for passengers.
American Airlines technical issue sparks travel chaos on Christmas Eve as flights heavily delayed after being grounded
Why United Airlines has had such a stellar year despite being Boeing's biggest customer
JetBlue nixing routes between multiple major cities, reducing several others
Airline Stocks Led The Travel Industry's Record 2024 Rally. Here's What's Next.
It’s beginning to look like another record for holiday travel
Qatar Airways cleans up at the World Travel Awards
All of the strikes at European airports this winter – find out if you are affected
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

The International Air Transport Association (IATA) has announced that its Wings of Change Europe (WOCE) event will take place at the Steigenberger Icon Wiltcher's Hotel in Brussels.

Oct 23, 2025

Delta Air Lines has announced a new partnership with Crunchyroll, the global anime streaming platform, to bring a curated selection of anime content to its flights.

Oct 23, 2025

Delta Air Lines has been recognized as one of the 2025 Fortune Best Workplaces for Women, marking its return to the list since 2019.

Oct 23, 2025

Delta Air Lines marked its 100th anniversary by serving as the official airline of the 60th Head of the Charles Regatta (HOCR) in Boston.

Oct 23, 2025

American Airlines has announced that it will upgrade its Boeing 777-200ER aircraft with new Flagship Suites, the airline's latest business-class product.

Oct 23, 2025

Delta Air Lines will introduce a new in-flight dining partnership with Chef José Andrés, bringing Spanish-inspired cuisine to select cabins starting November 4.

Oct 23, 2025