Oil and gas producer BP PLC British Airways PLC may no longer be its preferred airline for U.K. business-related flights if cheaper alternatives are available. In light of its cost-cutting drive, BP's travel will now depend on which airlines service routes and the lowest logical fare.
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The oil giant could still use BA if they are the cheapest or the only carrier to fly to certain destinations, but added that there's now more commercial pressure among airlines to provide cheaper fares to large companies whose employees fly frequently.
BP has already managed to hit its cost-cutting target of $2 billion for 2009, and now expects to reach $3 billion by the end of the year.
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