The leading source for credible citizen reporting

Report Your News
Take the tour...

BA announces record loss

Source: The Independent
London : United Kingdom | about 1 month ago  
Views: 38
  • A British Airways plane taxis at Heathrow Airport in London
    A British Airways plane taxis at Heathrow Airport in London
    Source: Reuters
  • British Airways CEO Willie Walsh and Las Vegas Mayor Oscar Goodman are greeted by showgirls after arriving on an inaugural flight for British Airways at McCarran International Airport in Las Vegas
    British Airways CEO Willie Walsh and Las Vegas Mayor Oscar Goodman are ...
    Source: Reuters
A British Airways plane taxis at Heathrow Airport in London
Even when items such as pension costs are excluded BA made a loss of £111 million, against a profit of £140 million a year earlier. The industry as a whole is expected to lose 11 billion US dollars (£6.65 billion) this year as a result of the recession's impact on passenger numbers and demand for business...
  • Print
  • Share:
  • Share
  • Digg
  • Reddit
  • Facebook
  • Stumbleupon

Related Allvoices Contributions

News Stories
 
  • News Source: Independent | about 1 month ago
    Airways (BA) said yesterday that it plans to cut a further 1,200 jobs after reporting its first loss in the first half of its financial year. But shares in the company advanced 6.6pc after the airline said passenger traffic and ticket prices may have...
  • News Source: The independent | about 1 month ago
    We'll take more care of you," the British Airways slogan used to run. "Fly the flag." These days, within Europe, many more of us fly the harp (Ryanair) or the orange splodge (easyJet). BA's chief executive, Willie Walsh, has many burdens to shoulder,...
  • News Source: The independent | about 1 month ago
    British Airways revealed the biggest losses of its 22-year post-privatisation history yesterday, along with predictions that revenues will slump by £1bn over the whole year. Revenues for the six months to September were down by 13.7 per cent,...
  • News Source: The Scotsman | about 1 month ago
    Airways is to cut 1,200 more jobs, taking the total reduction to 4,900 by next year. Most of the losses will be overseas and follow a high response from staff wanting to work part-time or take voluntary redundancy, the airline said. The new job-cut...
  • News Source: The Scotsman | about 1 month ago
    British Airways jumped 7 per cent yesterday as the airline signalled that business was stabilising, eclipsing predictions of another £400 million-plus in annual losses. Investors took solace in news that revenue from potentially-lucrative business...
  • News Source: Times Online | about 1 month ago
    BA said on Friday that it would cut 4,900 jobs, about 12 per cent of its staff, by next March. This is 1,200 higher than the target BA set earlier in the year and comes as the airline announced a £292 million loss in the six months to September 30.
Blogs
 >
  • Blog Source: www.goodasis.com
    During the six months to September 2009, the company suffered a £292m ($485m) loss, compared with £52m profits during the same period a year earlier. These are the worst first-half losses in the company's history. ...
  • Blog Source: www.goodasis.com
    British Airways has reported a loss before tax of £292m for the six months to the end of September. This compares with a profit of £52m in the same period last year and includes the airline's first April-to-June loss since privatisation ...
  • Blog Source: guanteik.blogspot.com
    6 (Bloomberg) -- British Airways Plc said declines in passenger traffic and ticket prices may have turned a corner after the carrier reported a record loss for the first half. ... Europe's third-largest airline had a net loss of 217 million pounds ($
  • Blog Source: recording.ro
    British Airways reports a loss before tax of £292m for the six months to the end of September.
  • Blog Source: www.economicknowledge.co.uk
    British Airways makes £292m loss. British Airways reports a loss before tax of £292m for the six months to the end of September. No comments [Comments are now closed for this post]. Posted by Economic Knowledge Date: Friday, November 6, ...
  • Blog Source: www.rhinestonetshirts.com
    British Airways reports a loss of £292m for the six months to September, as the recession continues to hit the industry.
Images
 >
 
Videos
 >
 
Report Your News Got a similar story?
Add it to the network!

Or add related content to this report

Cell phones Cell phones use report code: @4564288

Most Popular Reports

Related Allvoices Reports

Contributions

Help and Accounts


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc 2008-2009. All rights reserved.