Hit hard by the August terrorist scare and subsequent security measures, British Airways took a slight step backward after three consecutive quarters of rising profits, posting net earnings of £168 million ($320.5 million) in the fiscal second quarter ended Sept. 30, down 1.8% from a £171 million profit in the year-ago quarter. BA estimated that the combined cost of the security disruption was £100 million. It also incurred a one-off writedown of £106 million related to ...

Subscribe to Access this Entire Article

"August terrorist scare, BA Connect charge weigh on BA profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.