Aug 1, 2008

Bristish Airways: under pressure in London after accounts

The British airline British Airways, announced that it had closed the first quarter with a decline of profits by 90% due to the high price of fuel. Net income fell because 27 million pounds compared with 274 million the same period the previous year. Sales have instead increased by 2.8% to 2.26 billion pounds.
Meanwhile on the square London British Airways shares are yielding 0.98% to the 252.75 p.

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