British Airways cost-cutting, promotional efforts bring profits

After reporting a net earnings decline in its second fiscal quarter, British Airways rebounded in the third quarter ended Dec. 31 thanks to increased premium traffic and a reduction in unit costs, posting a profit after tax of £123 million ($218.4 million), a 4.2% gain over the £118 million earned...

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.