After several years of improved performance, British Airways Friday reported its first quarterly loss in two years as well as a 34.9% decline in consolidated net profit to £304 million ($600.8 million) for its fiscal year ended March 31, and admitted it has set aside £350 million to settle fines and claims relating to alleged price-fixing on long-haul passenger and cargo fuel surcharges. The full-year profit compared to £467 million in net income in the prior financial year. ...

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