Rod Eddington
Rod Eddington
Sir Roderick Ian Eddington AOis an Australian businessman. He is currently chair of the government body Infrastructure Australia, a director of News Corporation, continuing his long association with that company, and has served in other senior positions including as CEO of British Airways...
across address changes clear fleet key operations problems serve
We need to address the problems at Gatwick, but a key part is fleet changes across short-haul operations and we also need to be clear about what destinations we can serve profitably,
again forward hard looking move necessary number people sensible staff unions
We are looking hard at what we need to do. It may be necessary to look again at the number of people we employ. If that's necessary we will be working with unions and staff to move forward in a sensible way,
adding approach improve performance performing poorly routes ruthless taking towards value
We are taking a ruthless approach towards poorly performing routes and assets. Those not adding value to improve performance are being removed.
accident air closely constant contact engine flying france last paris since throughout uk
We have been in constant contact with the airworthiness authorities in the UK and France, the airframe and engine manufacturers, and Air France throughout Concorde's flying life, and particularly closely since the accident in Paris last month,
adopting airline alongside compete launch nor
We will not become a no frills airline nor will we launch one, ... We will compete profitably and intelligently alongside them by adopting what they do well.
atlantic cope economy-and-economics fewer looking next north seats twelve
We're well-placed to cope with a softening of the U.S. economy, ... We're looking to put fewer seats on the North Atlantic over the next twelve months.
british company good necessary strong survive tough
We can survive this, British Airways is a strong company, and will come through this in good shape, but we have to take the necessary tough measures.
achieve address base british change company cost course further operating percent sets size steps takes
significant change to the size of British Airways as it takes further steps to address its cost base and sets the company on course to achieve a 10 percent operating margin.
air confident late
I am confident we will have it (Concorde) back in the air by late summer.
basic believe foundation good return strategy
I believe that the basic planks of our strategy ... are a good foundation for a return to profitability,
apologize customers disruption plans travel
I apologize unreservedly to our customers for the disruption to their travel plans and cancellation of our flights,
bad economics economy-and-economics preserve state taught
If 50 years of post-war economics has taught us anything, it's this: state subsidies preserve bad habits.