British Airways soon will announce new restructuring measures designed to reduce costs and increase efficiency, it indicated in BA News, its in-house weekly newspaper. "Only through delivering fundamental change can we achieve the small profit we are targeting this year and emerge from the crisis as a strong global player," CFO Keith Williams said, warning that the shakeup will be "far-reaching, reshaping our company from top to bottom." Williams also said that BA's biggest challenge will be ...

Subscribe to Access this Entire Article

"BA targets 'far-reaching' restructuring, ATI with American" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.