British Airways is actively navigating the challenges posed by airspace restrictions resulting from geopolitical tensions and the volatility of crude oil prices, yet it remains steadfast in its global operations. In an exclusive interview with CNBC-TV18, CEO Sean Doyle discussed how these obstacles are shaping the airline’s future.
On the subject of geopolitical tensions, Doyle explained, “Russian airspace is closed. We face limitations in European airspace… but we are accustomed to adapting to changing circumstances.”
With operations spanning 80 countries and flights to 200 cities worldwide, British Airways must be agile in its response.
Doyle emphasized, “Our flight program has largely been unaffected by these changes and restrictions, and I am proud of how my team manages these challenges.”
The volatility of crude oil prices, influenced by rising tensions in West Asia, continues to be a significant concern.
“We aim to hedge against risks,” Doyle said, “but ultimately, you could spend a lot of time trying to anticipate which direction prices will move. What matters is being flexible in your business management.”
Despite these external challenges, British Airways is leading the charge toward sustainability, particularly in the realm of sustainable aviation fuel (SAF).
“We are committed to achieving 10% sustainable aviation fuel by 2030, and as a group, we’ve secured approximately 30% of that supply,” Doyle noted.
He underscored the necessity for additional investment in sustainable aviation fuel (SAF) production, saying, “We need policymakers to facilitate the establishment of more production facilities, whether in the UK or Europe, to match the pace we observe in the US. I think this will present a challenge as we look beyond 2030.”
British Airways’ ambitious investments are not confined to sustainability alone. The airline continues to prioritize India, which is a crucial market in its global expansion strategy. “India is our second-largest market,” Doyle pointed out, adding that BA operates 50 flights a week and intends to increase this frequency. “We are very ambitious. Our century-long history of serving this market speaks for itself.”
Although geopolitical restrictions and fluctuating oil prices pose significant challenges, British Airways remains committed to long-term growth, with India playing a vital role in its expansion plans.
