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BAA predicts growth despite profits slump
London, Great Britain
The world's biggest airports operator, BAA, which has London's Heathrow, Gatwick and Stansted in its portfolio, today reported a sharp fall in pre-tax profits in the last fiscal year. The decline in air travel since September 11 was partly responsible, but it was a substantial loss on the sale of its US retail arm, World Duty Free Americas, which hit its bottom line hard. Overall, profits were...
AVIONEWS - World Aeronautical Press Agency - 29586
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency