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Old 20th May 2003, 16:45
  #10 (permalink)  
jetstream7
 
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Timzsta

Watch your details on profit/losses as you're not drawing true comparisons...

BA's profit is for the whole year, easyJet's loss for the last 6 months trading.

If you compare the 6 month performances, then BA has a loss of £175million vs easyJet's £48million loss

Both airlines figures have large exceptional cost elements , i.e. retirement of Concorde (BA), integration of Go / aborted acquisition of Deutsche BA (easyJet)

On the surface , to any casual viewer, yesterday's figures looked good for BA, whilst easyJet's figures from a few weeks ago were disappointing.
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