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British Airways on the rise

London, United Kingdom - The results exceed the forecasts

Thanks to a cost cutting plan, British Airways saw a growing operating income of around one third: GBP 540m compared to the 405m of the previous year, exceeding all the expectations. The net debt went down reaching the lowest level since 1993. The forecasts for the 2005/2006 financial year have been revised upward, in fact the increase of the profit of 4-5%, instead of the previous forecasts which...

AVIONEWS - World Aeronautical Press Agency - 120570

AVIONEWS - World Aeronautical Press Agency
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