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BA: IMPROVEMENT IN THIRD QUARTER PROFITS

LONDON, The carrier reported Q3 pre-tax profits of £65m compared with a loss a year ago. Operating profit in the quarter rose to £80 million, despitea 46 per cent rise in fuel costs. Overall capacity reduced by 3.9 per cent and these results reflect the reduction of unprofitable capacity and continued cost efficiencies. Smaller aircraft, higher frequencies and a more profitable mix of passengers h...

AVIONEWS - World Aeronautical Press Agency - 7732

AVIONEWS - World Aeronautical Press Agency
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