In 1975, British Airways was headquartered in the Victoria Terminal in London.
The Chairman of BOAC, Miles Thomas, was in favour of the idea as a potential solution to a disagreement between the two airlines as to which should serve the increasingly important oil regions of the Middle East.
Since its creation, BA has become the largest airline in the UK based on fleet size, international flights and international destinations.
On 31 March 1924, Britain's four pioneer airlines that started up in the immediate post war period—Handley Page Transport, British Marine Air Navigation Co Ltd, Daimler Airways and Instone Air Line Ltd—joined together to form Imperial Airways Limited, Continental European and domestic flights were flown by a new nationalised airline, British European Airways Corporation (BEA), which compulsorily took over the scheduled services of existing UK independent airlines.
In 1995, British Airways signed a franchise agreement with GB Airways, the airline at the time had been operating flights to holiday destinations for a number of years from Gatwick.
The agreement was set to last until 2010 and the airline would operate all aircraft under the British Airways brand.