Air Transport World

British Airways.(Brief Article)

British Airways CEO Robert Ayling told aviation analysts in London of an intention to cut back fleet expansion plans in an effort to regain profitability following a first-ever third-quarter loss of[pounds]75 million. Ayling said there will be almost no increase in capacity in 1999-2000, a rise in seat numbers of under 2% in 2000-2001 and a cut in capacity in 2001-2002. BA is to concentrate on selling premium fares and will reduce the number of seats on offer at cheap rates, he added. …

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