"This is one of the most significant days in British Airways' (BA) history. Over the last 90 years the airline has never made a loss in the first six months of the financial year.
"BA is in the process of a huge cost reduction programme, and the ongoing effect on customers is likely to be significant:
"We predict another rocky six months for BA. The winter period is always tougher financially, and therefore it is almost certain there will be a full year loss. Should staff strike it will be an incredible blow to the airline, its brand, its passengers and its bottom line - not to mention long term staff prospects."
- ends -
What is this?
Nicola Parry - PR Officer (Financial Services)078723 7954901244 370318nicola.parry@moneysupermarket.com
Emma Morris - PR Manager (Travel & Shopping)Travelsupermarket.comMoneysupermarket Shopping07775 94168901244 220671emma.morris@moneysupermarket.com
Ian WilliamsDirector of Communications07515 32967101244 665793ian.williams@moneysupermarket.com
Clare FrancisSite Editor07595 06781801244 220650clare.francis@moneysupermarket.com
Michael GwynneLead Media Communications Officer01244 665742michael.gwynne@moneysupermarket.com
Kate MurphyMedia Communications Officer01244 665700 ext. 2545kate.murphy@moneysupermarket.com
Compare cheap flights from 100's of airlines and online travel agents...
Compare Flights Now
© Moneysupermarket Financial Group 2009
Electricity
Phones
Community
© Moneysupermarket Financial Group 2009