PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 29th Jan 2010, 22:02
  #3259 (permalink)  
Wee Weasley Welshman
 
Join Date: Feb 2000
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British Airways heading for a £1bn loss - Times Online

British Airways is heading more than £1 billion of losses during the steepest aviation recession to date.

The UK flag carrier will report deepening losses next week during the third quarter of its financial year — which includes Christmas. It is shaping up as the worst financial year in BA’s history, with losses as much as 50 per cent greater than last year.

Jesus, that's bad. That's really really bad.

This is - so - going to be worse than the early 1990's for the airline industry.


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