Summary
BRITISH Airways' profits soared by nearly GBP 200 million last year, as a continued focus on costcutting helped to offset soaring fuel bills and falling yields - the money made per passenger - in tough markets.
BA, which in the weeks after 9/11 was losing GBP 2m a day as air travel dried up, revealed pre-tax profits in its latest trading year of GBP 415m against GBP 230m in the previous year - its highest profits in seven years.See the full content of this document
Extract
Ba Holds Divi Freeze As Profits Take Off
The airline's profits in the fourth trading quarter fell to GBP 5m, GBP 40m lower than a year earlier, because of the impact of the sale of its shareho...
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