This report provides a detailed analysis of the business environment impacting British Airways (BA), a leading UK airline. It begins with an introduction to internal and external factors shaping the business environment, followed by an overview of BA's structure, objectives, and stakeholders, including customers, suppliers, shareholders, and employees. The report examines BA's responsibilities, including legal, health and safety, ethical, and socio-environmental aspects, and how the company meets stakeholder expectations. It then delves into economic systems, focusing on the UK's mixed economy and the impact of fiscal and monetary policies on BA's operations. The analysis further explores government regulatory policies, competition, and legal changes affecting the airline. The report also covers market structures, specifically the oligopoly market in which BA operates, and analyzes the impact of price, demand, supply, and cost factors. Finally, it discusses how market factors influence BA's performance and strategies, providing a comprehensive overview of the airline's business environment.