British Airways Airbus A318. British Airways said the "steady recovery continues" as it reported a net profit of £116 million ($184.2 million) in the first half ended Sept. 30, reversed from a £208 million deficit in the year-ago period. Revenue lifted 8.4% to £4.45 billion. "Our concerted efforts to introduce permanent structural change across the airline have led to a reduction in nonfuel costs and a return to profitability," said CEO Willie ...

Subscribe to Access this Entire Article

"BA posts £116 million first-half net profit as ‘steady recovery continues’" 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.