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British Airways: profits decreasing in 2005 third quarter
London, Great Britain - Union's protests and higher oil costs caused the drop
British Airways posted a light drop of 24% in its second-quarter net profit. Operational income is on the up grade but costs are in a perpetual increase due to higher oil costs which forced the British carrier to boost its fuel surcharge six times filling short-haul flights operated both by Ryanair and easyJet. Industrial relations have also contributed to British’s decline (see for details AVIONEWS). T...
AVIONEWS - World Aeronautical Press Agency - 130390
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency