BA posts £358 million fiscal-year net loss, down more than £1 billion year-over-year

British Airways reported a net loss of £358 million ($563.7 million) for its fiscal year ended March 31, reversed from a net profit of £726 million in its prior fiscal year, and said it will slash capacity 4% in the upcoming winter season and park up to 16 aircraft. CEO Willie Walsh said current...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.