Air Transport World

British Airways.(Europe Report)(Brief Article)

British Airways' net profit for the third quarter ended Dec. 31 fell 41% to 49 million [pounds sterling] ($92.4 million) from 83 million [pounds sterling] in the prior-year period. "These are respectable results in a quarter where fuel costs increased by 106 million [pounds sterling]," CEO Rod Eddington explained. Turnover rose 4.3% to 1.97 billion [pounds sterling] while operating expenditure climbed 6.3% to 1.86 billion [pounds sterling], primarily owing to the jump in fuel prices. …

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