British Airways reports a record yearly loss

British Airways (London) reported today a record $767 million fiscal full-year loss. The company has been hit hard by the recession, industrial strikes and disputes and the winter snow.

The loss, BA’s largest annual deficit since it was privatized in 1987, was less than $846 million loss predicted by analysts.

Read the full report from Reuters:

http://finance.yahoo.com/news/BA-posts-record-fullyear-loss-rb-4189295166.html?x=0&.v=4