UK carrier British Airways' Friday interim report is expected to show the second quarter as the beginning of a strong profits recovery. Analysts say a first-half profit of around GBP60 million is likely, despite disruptions from volcanic ash and the industrial dispute with cabin crew that cost it some GBP250 million and led to a GBP164 million loss in the first UK financial quarter (April-June).
BA tipped to report black Q1 result
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Thursday, 28 October 2010
UK carrier British Airways' Friday interim report is expected to show the second quarter as the beginning of a strong profits recovery. Analysts say a first-half profit of around GBP60 million is likely, despite disruptions from volcanic ash and the industrial dispute with cabin crew that cost it some GBP250 million and led to a GBP164 million loss in the first UK financial quarter (April-June).
