PPRuNe Forums - View Single Post - British Airways vs. BASSA (Airline Staff Only)
Old 29th May 2010, 07:51
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ChicoG
 
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These massive savings "everyone else" has made has still left BA making 1 billion losses over 2 years and the biggest pensions black hole in history. Not all airlines are doing this badly are they?
Whatdoesthisbuttondo:

PARIS--Franco-Dutch airline Air France-KLM said Wednesday it sank deeper into the red in the year ended March 31 as the economic slowdown took a severe toll on passenger and cargo traffic.

Europe's largest airline by passenger traffic posted a loss of €1.56 billion ($1.9 billion) compared with a year-earlier loss €814 million. Revenue fell 15% to €20.99 billion.
I know of at least one (smallish) Middle East carrier that lost $500 million last year.

India's Kingfisher Airlines lost (if my currency conversion is correct) $400 million, and they're an LCC.

I could go on, but what would be the point? Next question?

Added: Ah what the hell, just so we cover most of the globe:

Continental: $136 million in Q1 2010.

United (with whom Continental are now merging): $537 million in Q1 2010.

BA look quite respectable considering the ash cloud, winter shutdown and BASSA's suicidal acts.

Last edited by ChicoG; 29th May 2010 at 08:03.
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