BA Predicts £150M loss (merged)
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BA £150m operating loss
Just announced on the wires: more to follows.
Not a good situation to be in at present.
All mainline 757s to be sold; Openskies expansion to halt.
Not a good situation to be in at present.
All mainline 757s to be sold; Openskies expansion to halt.
Last edited by Re-Heat; 26th Jan 2009 at 16:49.
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..yes, I expect they feel that (with share price at its current position) they might as well get all the bad news for the City out of the way in one fell swoop so that (hopefully) things can only get better from here...
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It's just guidance to the city of the financial situation. I don't think they're going to be in any worse position than other airlines over the next couple of years..