From the BBC:
http://news.bbc.co.uk/1/hi/business/2167581.stm
From a business perspective I would say this is encouraging as these results are better than last year's which were before Sept 11th. Despite the profits are mainly as a result of lowering costs it shows two things:
1. Management are taking the action required to get the airline back to profitability.
2. When business does pick up - likely to be the end of the year IMO - then profits should really start to pick up.
Before anyone flames me, I do not work for BA in any shape, size or form (no pun intended
), I'm merely stating a few facts etc and looking at it from an objective point of view so please don't shout at me because I haven't mentioned why they may be bad management other areas!
