Air Transport World

British Airways.(financial report)(Brief Article)(Statistical Data Included)

British Airways' pre-tax profits fell 83.3% in the fiscal second quarter ended Sept. 30 to [pounds]40 million, while after-tax earnings dropped 84.7% to [pounds]33 million ($54 million). Revenues dipped 1.2% to [pounds]2.4 billion as operating expenses climbed 5.3%, causing operating profit to decline 55.3% to [pounds]117 million. For the fiscal first half, pre-tax profit dropped 37.7% to [pounds]240 million while the post-tax number was down 37. …

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