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Hospitality & Travel

British Airways plans to sell its headquarters

British Airways has disclosed that it may sell its headquarters building following the adoption of remotely working since the Covid-19 pandemic.

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UK’s flagship carrier airline, British Airways (BA), has said it was considering selling its headquarters building because the adoption of working remotely from home during the Covid-19 pandemic means it may not have a need for so much office space.

The potential sale of the office complex, completed in 1998 at a cost of 200 million pounds ($279 million) and first reported by the Financial Times, is expected to boost the airline’s finances which have been heavily impacted by Covid-19.

According to a report from Reuters, the shift to homeworking over the last year has already made some of Britain’s biggest companies reconsider their need for office spaces with banking giant Lloyds saying it would cut office space by 20% within 3 years and HSBC going for a 40% reduction.

READ: British airways set to suspend 32,000 employees

The BA complex, Waterside, is near Heathrow Airport, west of London, and is also the headquarters of British Airways’ parent company, IAG.

British Airways said in a statement that many employees enjoyed working from home and its future policy would likely be a flexible mix of home and office working.

A spokesman for the airline in a statement said, “We’ve restructured our business to emerge from the crisis and are considering whether we still have the need for such a large headquarters building.’’

READ: British Airways to compensate passengers over diverted flights

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What you should know

It can be recalled that UK airlines, including British Airways, in March 2020 called for an immediate multibillion-pound emergency bailout from the British government due to the negative impact of the coronavirus pandemic on their businesses.

In order to survive the impact of the pandemic, British Airways spent last year cutting costs, including shedding over 10,000 employees, leaving it with about 30,000, most of whom don’t work in the office but are pilots, cabin crew, engineers or airport staff.

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The airline has also sought to raise cash by selling famous works of art that formerly hung in its executive lounges

READ: FG commences mop-up verification exercise for ex-workers of Nigeria Airways Limited

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Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

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    Hospitality & Travel

    How air passengers can save more as Nigerian fares rise by 100% in 30 days

    Recent airfare hike has created holes in the pockets of air passengers.

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    FAAN Recruitment scandal, Nigerians hit with over 60% delayed and cancelled domestic flights in 2018, Nigerian Airlines, delayed flight, Air travellers may soon witness fare hike due to VAT increase 

    It is no longer news that air tickets have increased by over 100%, as reported by Nairametrics a few weeks back.

    This development has created holes in the pockets of air travel patrons, especially those who chose the medium of transportation due to several cases of kidnappings and attacks witnessed on the road.

    While some travellers doubt that it is possible to save on airfare, others, especially business travellers, argue that saving money at the point of purchasing the flight ticket is achievable. Here are some ways to spend less on air travel tickets.

    READ: Airfares across Nigeria increases by 100%

    Make findings on prices across many carriers

    Fares for similar flights can vary dramatically from airline to airline. A quick search for a non-stop flight (both local and international) on online travel sites can help you uncover airlines offering cheaper ticket prices.

    But where exactly should you search?

    “There are several places to search for airfares online. You could search each airline’s website individually, but that could take some time. A more convenient way is to search a travel website like Travelstart.com, Orbitz.com, Travelocity.com, Kayak.com, Hipmunk.com or Dohop.com. You should also compare the prices on travel websites with those on the actual websites of each airline to confirm the prices.” Samuel Olafimihan, a travel agent, explains.

    READ: NCAA moves to eliminate fake travel agents

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    Sign up for alerts

    Osagie Ehi, another travel agent, explained that to save more, air passengers should sign up for online alerts that will inform them of discount deals by airlines. According to him, the alerts often promote deeply discounted fares on a few seats in order to earn the airline some goodwill and free word-of-mouth advertising.

    He said, “Most carriers allow you to sign up for these messages on their websites and customise them to your favoured airport. Many alerts are delivered by e-mail, but airlines are now using social media outlets like Facebook and Twitter to distribute them as well.

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    You can also receive alerts through a number of third-party websites, which will send you alerts about low prices on a variety of airlines. The sites will let you know when a great fare becomes available for your area.”

    READ: Why it is cheaper to fly to UK than some African nations – Allen Onyema

    Book different flights

    For passengers flying a long distance, Olafimihan had this to say:

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    “The trip to a particular stopover might be cheap for one airline, and the trip from that stopover to the final stop cheaper for another. If you can afford a layover of a day or two, then book the flights separately. Though you are likely to get to your destination a little later, you would have saved some thousands of naira.”

    READ: Why NCAA suspended Azman Air’s flight operations, airline offers to refund passengers

    Go for a one-way ticket

    This, according to Ehi, allows passengers to book another airline on the return trip if that airline is cheaper, or book at the time of the return trip at a cheaper rate than when setting out.

    What you should know: Last week, Nairametrics reported that airfares across Nigeria had doubled. Ticket fares to cities like Port Harcourt, Ilorin, and northern states like Kebbi, Borno, Adamawa and Kano have increased by as much as 100% in the last one month.

    What they are saying: Travel agents, in separate interviews, told Nairametrics that not only are airfares becoming more unpredictable in Nigeria due to exchange rate and other factors, the fares may also not come down anytime soon. This is why it is advised that you explore the options listed above while trying to book a ticket.

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    Hospitality & Travel

    Covid-19 protocol: FAAN insists that arriving passengers can only be picked up at car parks

    The directive is in accordance with laid down Covid-19 protocols which was issued by the Federal Government.

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    Murtala Muhammed Airport (MMA), FAAN recruitment, FAAN in recruitment scandal as politicians takeover, Federal Airports Authority of Nigeria, 2019: Lagos airport records growth in passenger, aircraft and cargo movement  

    The Federal Airports Authority of Nigeria (FAAN) has insisted that arriving passengers are to walk to designated car parks to board their vehicles as no driver would be permitted to pick up arriving passengers at the front of the airport terminal.

    The directive is in accordance with laid down Covid-19 protocols which was issued by the Federal Government to help contain the spread of the coronavirus disease across the country.

    This disclosure is contained in a press statement issued by FAAN and signed by its General Manager, Corporate Affairs, Henrietta Yakubu, on Monday, April 12, 2021.

    FAAN in its statement said that drivers are only permitted to park and wait at the car parks adding that they can only drop off the passengers in front of the terminals and are not permitted to wait for any reason.

    READ: FAAN condemns “irresponsible act” of Governor Fintiri at Port Harcourt airport

    What FAAN is saying 

    The statement from FAAN reads, “The Federal Airports Authority of Nigeria (FAAN) hereby advises passengers, drivers and other airport users, particularly those at the General Aviation Terminal, Lagos, to always comply with all laid down protocols on Covid-19 to ensure the safety of all airport users,” the statement read.

    “No driver is permitted to pick up arriving passenger(s) at the frontage of the terminals. All drivers must park and wait inside the car parks, while arriving passengers walk down to the car parks to board their vehicles.

    “For departing passengers, drivers are only allowed to drop off passengers in front of the terminals. They are not permitted to wait for any reason after dropping their passengers, it is only a ‘Drop Off’ zone.

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    “We will like to advise all our esteemed customers to strictly adhere to these rules, to ease facilitation and enhance the safety of all airport users.”

    READ: FAAN denies allegation of stolen N750 million, admits breach of procurement process

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    In case you missed it

    It can be recalled that FAAN, on Friday, advised passengers and airport users to arrive at the airports early, particularly those at the Nnamdi Azikwe International Airport, in order to complete their check-in procedures in good time and avoid unpleasant experiences associated with missing their flights.

    In July 2020, the Minister for Aviation, Hadi Sirika, announced that domestic passengers are expected to arrive an hour and a half before departure.

    FAAN had also said that anyone, including Very Important Personalities (VIP), who refuses to comply with Covid-19 protocols will not be allowed access to airport facilities.

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    READ: FAAN to bar non-compliant VIPs, government officials from airport terminals

     

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