LONDON (AFX) - British Airways PLC said operating profits rose 19.9% to £211m in the first quarter and said it carried 4.3% more passengers in the period.
BA said pretax profit in the three months to June 30 climbed 57.3% to £195m and basic earnings per share were up 65% to 13.2p.
The airline delivered an operating margin of 9.1%. Total debt now
stands at £3.9bn and with cash of £2.8bn, our net debt is down to
£1.1bn.
Yet they still can't afford to pay our pensions???