In 2024, British Airways generated around **** billion British pounds in revenue. This was more than the revenue registered in the pre-pandemic year since British Airways has been able to recover from its drastically reduced revenues during the first two years of the COVID-19 pandemic.

In 2024, British Airways reported an operating profit of over *** billion British pounds, marking a significant increase from the previous year's *** billion British pounds. Amidst the coronavirus pandemic, the company posted substantial operating losses of *** and *** billion British pounds in 2020 and 2021, respectively.

In 2024, British Airways reported a net profit of approximately **** billion British pounds, significantly up from **** billion GBP registered in the previous year. Between 2011 and 2024, the annual net profit of British Airways plc fluctuated. The largest loss was recorded in 2020 at *** billion British pounds due to the COVID-19 pandemic, and the peak value was recorded in 2015 at *** billion British pounds.

In 2020 due to travel restrictions worldwide, British Airways plc generated only **** billion British pounds from its operations in the United Kingdom (UK). British Airways plc is a group formed by nearly ** companies with headquarters at Harmondsworth, UK. British Airways flights include national and international destinations, low fares as well as cargo and passengers flights.

This bar chart illustrates the transport volume of the UK-based airline British Airways from 2000 to 2019. The passenger transport volume increased over this period, reaching over ***** trillion revenue passenger-kilometers in 2019.

Between 2008 and 2019, the total number of passengers uplifted by British Airways plc in the United Kingdom (UK) has increased continuously. When the Covid-19 pandemic hit in 2020, passenger numbers dropped significantly for all the British Airlines, and British Airways was no exception. However, since 2022, the passenger traffic of the company has increased, in particular, around 39.8 million passengers were uplifted by British Airways in 2024.

British Airways was born out of four separate airlines in 1974, following efforts by the British government to establish a new British Airways Board and end an ongoing dispute between two of its predecessors in disagreement over airspace usage rights. In 2022, British Airways, including its subsidiaries, uplifted around ********** passengers.

British Airways' performance during the coronavirus pandemic

The 2022 passenger numbers were substantially higher than the only ********** passengers transported in 2021, due to travel restrictions caused by the COVID-19 pandemic. This was the lowest value since the beginning of the reporting period in 2010, with the distance flown also echoing this development. For the second time in more than a decade, British Airways reported a net profit loss of nearly ************ British pounds in 2021. In 2022, the company posted a net profit of ********** British pounds. Their revenue also dropped by more than ** percent compared to 2019 levels to *********** British pounds in 2021 but subsequently recovered to ********** British pounds.

Who is leading in the UK?

British Airways was the second largest United Kingdom based airline by passenger numbers in 2022. British Airways was outranked by EasyJet, which had around *********** passengers in 2022.

The global Airline Retailing market is poised for significant expansion, projected to reach an estimated XX million by 2025. This robust growth is underpinned by a compelling Compound Annual Growth Rate (CAGR) of XX% during the forecast period of 2025-2033. A primary driver for this surge is the increasing passenger appetite for enriched travel experiences, extending beyond just the flight itself. Airlines are actively transforming into comprehensive retail platforms, offering a wider array of ancillary services and products. This strategic shift caters to evolving consumer expectations for convenience and personalization, where travelers seek to seamlessly purchase goods and services before, during, and after their flights. The "Before Boarding" segment, encompassing pre-ordered duty-free items, travel essentials, and curated destination experiences, is expected to witness substantial traction. Similarly, "After Boarding" services, such as lounge access, transportation, and local activity bookings, are becoming integral to the overall travel retail ecosystem, promising to unlock new revenue streams for airlines. Further fueling this market's ascent are key trends such as the integration of advanced digital technologies and personalized marketing strategies. Airlines are leveraging data analytics and AI to understand passenger preferences and offer tailored retail propositions, from in-flight entertainment upgrades to bespoke souvenir collections. The diversification of product categories, including a growing emphasis on beauty and makeup products, alongside traditional food and beverage offerings, is attracting a broader customer base. While the market exhibits immense potential, certain restraints, such as evolving regulatory frameworks for online sales and data privacy concerns, warrant careful navigation. Nevertheless, the proactive strategies adopted by key players like AIR FRANCE KLM, Emirates Group, and Singapore Airlines, focusing on enhancing customer journeys and expanding their retail footprints, are set to propel the Airline Retailing market to new heights across diverse geographic regions, with strong contributions anticipated from Asia Pacific, Europe, and North America. Here is a unique report description on Airline Retailing, incorporating the requested elements:

This in-depth report provides a comprehensive analysis of the global Airline Retailing market, forecasting its trajectory from the base year of 2025 through 2033, building upon historical data from 2019-2024. The study leverages extensive market intelligence, including company-specific data for key players such as AIR FRANCE KLM, AirAsia Group Berhad, British Airways Plc, Deutsche Lufthansa AG, Easy Jet PLC, Korean Air Lines Co.,Ltd, Qantas Airways Limited, Singapore Airlines Limited, Thai Airways International Public Co.,Ltd, and The Emirates Group, alongside technology providers like OpenJaw and Segments. We project the market's significant growth, with key segments expected to reach hundreds of millions of units in volume.

This statistic illustrates the transport volume of the British airline Virgin Atlantic Airways from 2000 to 2019, in billion revenue passenger-kilometers. Between 2000 and 2013, passenger transport volume increased, totaling ****** billion revenue passenger-kilometers in 2013. In 2019, passenger transport volume amounted to over ** trillion revenue passenger-kilometers.

Between 2014 and 2019, the total profit of BA CityFlyer presented a trend of growth. In 2020, due to the COVID-19 pandemic, BA CityFlyer posted a net profitt loss of over **** million British pounds. This was followed by another year of recording a loss in 2021, when the airline's comprehensive loss for the year totaled close to **** million British pounds. BA CityFlyer is a subsidiary of British Airways plc, with headquarters at Didsbury, United Kingdom (UK). BA CityFlyer operates domestic and European flights.

This statistic illustrates the transport volume of the British airline Thomas Cook Airlines from 2000 to 2019, in billion revenue passenger-kilometers. The passenger transport volume amounted to more than ** trillion revenue passenger-kilometers as of 2019. The airline company's parent was declared insolvent in ************** and ceased trading with immediate effect.

Between 2011 and 2019, revenue generated by TUI Airways Limited remained mostly stable. Afterward, the annual revenue dropped to *** million, then *** million British pounds due to the coronavirus pandemic, before rising to *** billion British pounds in 2022. TUI Airways Limited, former Thomson Airways, is a British airline with a main base at Luton in the United Kingdom (UK). The airline company operates national and international flights for passengers, cargo, and mail.

In 2024, easyJet's revenue amounted to about *** billion British pounds which ** percent of revenue generated by the operations in the United Kingdom. That year, Southern Europe was the company's second largest market, with *** billion British pounds in revenues.easyJet is a British low-cost airline, created in 1995, with headquarters at London Luton Airport, United Kingdom (UK). easyJet flights includes, national and international destinations.

This statistic illustrates the total profit and losses after taxes of Thomas Cook Airlines from 2010 to 2018. Thomas Cook Airlines Limited was a subsidiary of Thomas Cook Group, with the main base at Manchester Airport and Gatwick Airport in the United Kingdom (UK). The airline company's parent was declared insolvent in September 2019 and ceased trading with immediate effect. In the period of consideration, the net profit of Thomas Cook Airlines Limited oscillated. In 2018, Thomas Cook Airlines Ltd made a net profit of over *** million British pounds.

Thomas Cook's revenues rose in 2018 to approximately 9.6 billion British pounds. The Group had responded to customer demand by expanding their summer and winter programs in 2017, helping to increase revenue. However the summer heatwave of 2018 negatively impacted sales towards the end of the fiscal year, resulting in a pre-tax loss of 53 million pounds. The company collapsed in 2019 after failing to secure a government bailout.

Why did Thomas Cook collapse? On September 23, 2019, the Thomas Cook Group was forced to cease operations after negotiations to save the holiday travel firm from administration failed, leaving a reported 600,000 customers stranded abroad and thousands of staff without jobs. It is thought that the company succumbed to the same challenging market conditions that led to the collapse of another British airline and travel group, Monarch, in 2017. However Thomas Cook already had it's own problems, as it had suffered from massive debts since forming as a merger between Thomas Cook AG and package holiday operator MyTravel Group plc in 2007. In the intervening years, various mergers and acquisitions had helped Thomas Cook to remain a major player (the brand became the UK’s largest travel agency on the high street following a merger and eventual buyout of Co-operative Travel in the early 2010s). But ultimately its finances could not be saved, as rescue talks to secure the funding needed to prevent them going into liquidation failed.

Thomas Cook’s history
Prior to its collapse, Thomas Cook was the world’s oldest travel company. Its origins date back to the 19th century, with the founding of the Thomas Cook & Son travel company that originally organized tours from the United Kingdom (UK) to Europe and the United States. The brand’s legacy survived through mergers and acquisitions of other travel companies and airlines, with the Thomas Cook Group forming in 2007. Thomas Cook’s business segments were primarily airline and tour operations, with its main markets in the UK and continental Europe. Thomas Cook Airlines Limited, the UK airline business, reported their revenues separately.

In 2024, EasyJet recorded an annual revenue of nearly 9.3 billion British pounds. This was an increase of 14 percent compared to the previous year. Amidst the coronavirus pandemic, the British low-cost airline's revenue collapsed in 2020 and 2021. However, it started rebounding and reached similar levels as recorded prior to the pandemic in the following years. EasyJet is a British low-cost airline, created in 1995, with headquarters at London Luton Airport, United Kingdom (UK). EasyJet flights include national and international destinations.

The revenue passenger kilometers (RPK) of easyJet increased significantly between 2011 and 2019. In 2020, easyJet's traffic measured in revenue passenger kilometers declined significantly to roughly **** billion kilometers, down by ** percent from the previous year. In 2021, the revenue passenger kilometers dropped even further to **** billion kilometers. However, the British low cost airline raised its RPK considerably in the following three years, recording over *** billion kilometers in 2024.

In the fiscal year ending December 31, 2024, Heathrow Airport reported just under *** billion British pounds in revenue. This represents a decrease of four percent compared to the previous year which was also the peak year in the given period. About LHR The London Heathrow Airport is located in the central west of London and serves as the hub for British Airways and Virgin Atlantic. The history of Heathrow goes back to 1929 when it was a small airport. However, after the second world war, it grew into a much larger airport. London Heathrow Airport currently ranks as the busiest airport in the European Union, with **** million passengers in 2024.In terms of passenger traffic, London Heathrow Airport was followed by Istanbul Airport and Paris Charles De Gaulle Airport in the year 2024. In that year, Istanbul Airport handled ** million passengers, which was approximately **** million passengers less than the London Heathrow. Istanbul Airport opened in 2018, after Istanbul Ataturk Airport closed for passenger flights.