British Caledonian in the 1970s
http://dbpedia.org/resource/British_Caledonian_in_the_1970s an entity of type: Thing
British Caledonian (BCal) came into being in November 1970 when the Scottish charter airline Caledonian Airways, at the time Britain's second-largest, wholly privately owned, independent airline, took over British United Airways (BUA), then the largest British independent airline as well as the United Kingdom's leading independent scheduled carrier. The rapid expansion of British Caledonian suffered a temporary setback during the recession following in the wake of the 1973 oil crisis. This undermined its financial stability during its formative years and threatened its survival at that stage.
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British Caledonian in the 1970s
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British Caledonian in the 1970s
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9055693
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1115565382
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March 2015
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November 1970
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Caption does not actually specify when delivery was taken, could have been previous month
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source does not say BA pressured government, not that BA projections were optimistic, nor mention 1973 war
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British Caledonian (BCal) came into being in November 1970 when the Scottish charter airline Caledonian Airways, at the time Britain's second-largest, wholly privately owned, independent airline, took over British United Airways (BUA), then the largest British independent airline as well as the United Kingdom's leading independent scheduled carrier. The combining of the two companies met government policy for the establishment of a "Second Force" to counterbalance the near-monopoly of the government-owned corporations, which provided 90% of all UK scheduled air transport capacity at the beginning of the decade and to expand the British share of global aviation. This entailed expanding the inherited scheduled network to provide effective competition to established rivals on a number of key routes, as well as augmenting the acquired fleet with the latest generation narrow-, widebody and supersonic transport airliners to maintain a competitive edge. The rapid expansion of British Caledonian suffered a temporary setback during the recession following in the wake of the 1973 oil crisis. This undermined its financial stability during its formative years and threatened its survival at that stage. Following economic revival during that decade's second half, British Caledonian regained its financial stability, enabling it to expand again and to become profitable.
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1970.0
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1988-04-14
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81444
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1988-04-14
