The British Airports Authority (BAA) is the world's leading airport company with over 140 million passengers travelling via BAA airports in 2004 (source: www.BAA.co.uk/factsandfigures). BAA pioneered airport privatisation, retailing and security; it is widely recognised for its responsible and efficient airport operations. BAA owns seven of Britain's major airports they include Heathrow, Gatwick, Stansted, Southampton, Glasgow, Edinburgh and Aberdeen. The British Airports Authority was formed in 1986 when the airports act was passed, calling for dissolution of the authority and the transfer of its property, rights and liabilities to a new company, BAA plc. For the year ending 31 March 2004 BAA directly employed 12,533 staff (source: www.BAA.co.uk/factsandfigures).
The British Airports Authority manages aircraft safety and occupational health and safety with a great degree of expertise and to rigorous standards. Without adequate safety management, legal and moral obligations cannot be met, and business losses may be incurred, including significant financial losses.
Examples of such losses include:
a) Compromised aircraft safety and the potential for a catastrophic aircraft accident; b) Costs of replacing and compensating injured employees or others; c) Contractual penalties or loss of revenue if flights are delayed; d) Damaged assets (including aircraft...