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British Airways Reports Record Loss Of $485 Million

British Airways plunged to a record pre-tax loss of £292 million ($485 million) over the past six months, traditionally its most profitable trading period, as the airline fights to stave off Christmas strike action that will deepen its... Full Article at Free Internet Press

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  1. LONDON: British Airways Plc. fell to a worse-than-expected first-half loss and forecast annual revenues 1 billion pounds lower than last year, but said traffic volumes and yields had stabilized. Full Article at Topix

  2. LONDON: British Airways Plc. fell to a worse-than-expected first-half loss and forecast annual revenues 1 billion pounds lower than last year, but said traffic volumes and yields had stabilized. Full Article at Lebanon Daily Star

  3. British Airways said Friday that it would cut a further 1,200 jobs in the coming months, raising the total number of planned staff reductions to nearly 5,000 as the British flag carrier wrestles with what its chief executive called the toughest year in... Full Article at The New York Times

  4. British Airways (BA) today announced its worst-ever interim loss since its privatisation in 1987 amid falling numbers of lucrative business travellers and freight cargo as well as volatile fuel prices. Full Article at Times Online

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  1. An Iberia jet (R) passes a British Airways jet at Barcelona Airport November 16, 2009. British Airways and Spain's Iberia announced on November 12, 2009 a preliminary agreement for a $7 billion merger to create the world's third-largest airline by revenue.
  2. LONDON, ENGLAND - NOVEMBER 13:  British Airways planes wait to depart Heathrow Airport on November 13, 2009 in London, England.
  3. ESHER, ENGLAND - NOVEMBER 02:  Union members of British Airways Cabin Crew wait to conduct a meeting at Sandown Park Racecourse to discuss a postal ballot on whether to strike at Christmas over pay, job cuts and changes to timetables on November 2, 2009 in Esher, England.
  4. An assistant at auctioneers Lyon and Turnbull holds a velvet formal jacket which belonged to Duleep Singh as he poses for the cameras in Edinburgh, Scotland November 30, 2009.
  5. LONDON, ENGLAND - NOVEMBER 23:   Artist David Hockney attends a photocall as he donates a painting to Tate Britain on November 23, 2009 in London, England. David Hockney donated the painting 'Bigger Trees Near Warter 2007' to Tate Gallery in 2008 along with two photographic images of the work.
  6. NOTTINGHAM, ENGLAND - NOVEMBER 20: Britain's Prime Minister Gordon Brown speaks at a cabinet meeting, November 20, 2009 in Nottingham, England.
  7. LONDON, ENGLAND - NOVEMBER 18:  Britain's Queen Elizabeth II and Prince Philip, Duke of Edinburgh attend the annual State Opening of Parliament on November 18, 2009 in London, England.
  8. LONDON - NOVEMBER 12:  Britain's Queen Elizabeth II holds an audience with the NATO Secretary-General, Anders Fogh Rasmussen, inside Buckingham Palace on November 12, 2009 in London, England.
  9. LICHFIELD, UNITED KINGDOM - NOVEMBER 11:  A general view of graves of soldiers after Armistice Day Commemorations at The German War Cemetery at Cannock Chase.

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