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Company No. 01777777 · Incorporated 13 Dec 1983

British Airways PLC

Registered name: BRITISH AIRWAYS PLC

Part of The Law Debenture Corporation P.L.C. group

British Airways PLC made £14.7bn revenue and £1.9bn profit in the year to 31 Dec 2025.

British Airways PLC’s revenue grew 1% to £14.7bn in the year to 31 Dec 2025, with £1.9bn profit and 41,908 employees. The company is classified under “scheduled passenger air transport” and is based in Harmondsworth; we hold 3 years of its filed accounts.

Status
Active
Location
Harmondsworth, London
Age
42 yrs · since 1983
Type
Public Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue
£14.7bn
Growth ▲0.8%
Profit
£1.9bn
Growth ▼20.4%
Profit margin
13%
 
Employees
41,908
Change ▲3.4%
Profit / employee
£45.4k
Revenue/employee £350k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£14.3bn£14.6bn£14.7bn
Cost of sales£12.9bn£12.5bn—
Operating profit£1.4bn£2.1bn£2.2bn
Profit before tax£1.4bn£2.8bn£2.4bn
Profit after tax£1.2bn£2.4bn£1.9bn
Profit (best available)£1.2bn£2.4bn£1.9bn
Employees (average)37,40140,52141,908
Ratios
Profit margin8.1%16.4%13%
Revenue per employee£383k£360k£350k
Profit per employee£31k£59k£45.4k
Growth (year on year)
Revenue growth—▲1.7%▲0.8%
Profit growth—▲105.8%▼20.4%
Headcount growth—▲8.3%▲3.4%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data May 2025Accounts · bulk data May 2025Accounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
13%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£350k
Revenue ÷ average employees.
Profit per employee
£45.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now —
Cash at bank
—
Now —
Headcount
▲3%
Now 41,908
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. The Law Debenture Corporation P.L.C.ultimate parent75–100%
  2. LDC (NCS) Limited75–100%
  3. British Airways PLCthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (25)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Latest figures from accounts for the year to 31 Dec 2025 (profit £1.9bn), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.