BA announces increase

By Administrator |

British Airways (BA) has announced a 29% increase in operating profit for the last three months of 2006, reporting increased demand for business and first class travel over the period.

Despite this, BA says it is still concerned that increased fuel costs will impact negatively on its profit margin targets. BA, which is Europe?s third-largest airline said that operating profit for the last three months of 2006 reached ?175m ($308m), compared with ?136m ($240m) a year ago. Turnover rose 8.8% to ?2.13bn ($3.7bn).
The better trends continued through January, with BA revealing a 3.3% rise in passenger traffic.


The Sustainability Pitch Session 1: Chilly's

TRBusiness is delighted to announce the first Sustainability Pitch session of Travel Retail...

Travel Retail Sustainability Week

TR Sustainability Week: Qatar Duty Free updates on reusable bags initiative

Thabet Musleh, Senior Vice President, Qatar Duty Free (QDF) has confirmed to TRBusiness that...


Blueprint hails True Gum GTR growth as brand gains B-Corporation status

Travel retail business development agency Blueprint is celebrating growing momentum for...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend