Tag Archives: 29113

British loses $245 million in fiscal first quarter

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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.

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News link:

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