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Cost cuts drive British Airways profit

London, UK - Pre-tax profit of GBP 65m (EUR 103.6m) in second quarter

British Airways has reported a pre-tax profit of GBP 65m (EUR 103.6m) for the April to June period, up from profits of GBP 40m (EUR 63.8m) for the same period last year. The airline put the improved performance down to its restructuring programme, which is seeing it cut capacity and staff numbers. BA recorded an operating profit of GBP 158m (EUR 251.8m) for the three month period, up from GBP 50m...

AVIONEWS - World Aeronautical Press Agency - 31719

AVIONEWS - World Aeronautical Press Agency
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