You would think this would make sense. Wouldn’t you? After all it is logical that if you invest your time, resource and money wisely you should see a return on it. Shouldn't you? Not, it seems, when it comes to business travel where the most trusted tool is a sharp scalpel with which to minimise all cost, and phrases like 'speculate to accumulate' are positively frowned on.
Asked where British Airways would most adjust costs during the next year,
BA CEO Willie Walsh named the "limited" areas "we can control." It was indeed a short list: Labor costs, distribution costs and "other."
Companies face increasing pressure to reduce spending these days, especially in light of the current economic and financial situation worldwide. Belt-tightening appears to be here to stay for the foreseeable future, and business travel is a key area in which companies are looking to trim costs.
