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Tag Archives: London Stock Exchange

British Airways Posts Huge Annual Loss

23-May-09

There have been turbulent skies for British Airways for FY 2008/2009 as it was forced to post its biggest annual loss since the airline was privatized in 1987. The company reported a loss before tax of GBP401M for the year ended March 31, vs. a profit of GBP922M (yoy) as fuel prices jumped 44.5% on [...]