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Saturday, November 21, 2009 7:21 AM

Published 11/06/2009 by Reuters UK


BA losses worse than expected

LONDON (Reuters) - British Airways Plc fell to a worse than expected first-half loss and forecast revenue would slump by 1 billion pounds this year, but analysts said the worst could be over as the airline signalled business was stabilising.

BA, whose alliance with American Airlines and Spain's Iberia is...

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What others report on the same story

BA less pessimistic despite £292m pre-tax ...
BRITISH Airways (BA) said yesterday that it plans to cut a further 1,200 jobs after reporting its first loss in the first half of its financial year.But shares in ... - [11/07/2009 - Drogheda Independent]
BA soars on job cuts
British Airways unexpectedly soared across the week - up 9.4% to 198.8p despite reporting worse-than-expected half-year numbers.The airline announced a record pre-tax ... - [11/07/2009 - Teletext]
British Airways nosedives to unprecedented ...
But shares soar almost 7 per cent on signs that the worst may finally be overCloseBritish Airways revealed the biggest losses of its 22-year post-privatisation history ... - [11/07/2009 - The Independent]
British Airways posts loss of £292 mln - [11/06/2009 - Reuters UK]
BA's first H1 loss as revenue slumps - [11/06/2009 - RTE Online]
London pre-open: Gains ahead despite corporate ... - [11/06/2009 - ShareCast]
British Airways posts record £292m loss - [11/06/2009 - ShareCast]
BA Hit By 'Disappointing' £292m Loss - [11/06/2009 - Ananova]
British Airways makes record loss of £292m - [11/06/2009 - Guardian.co.uk]
BA announces record loss - [11/06/2009 - Eircom.net]
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Quotes

"Our revenues are likely to be about 1 billion pounds lower this year so we're determined to reduce costs further to ensure we return to acceptable levels of profitability" Chief Executive Willie...
BA losses worse than expected [Reuters UK - 11/06/2009]

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