British loses $245 million in fiscal first quarter

 

Please click on photo for full view, information and other British photos.

Please click on photo for full view, information and other British photos.

British Airways (London) as expected reported a net loss of $245 million for its fiscal first quarter ending on June 30. As a result BA will ground 22 Boeing 747-400s and 757-200s for the winter season.

 

News link:

www.dailymail.co.uk/news/article-1203366/Routes-axed-BA-dives-148million-red.html;jsessionid=73B999A598759C276820D1E9B4ABC07C