British Airways reported a profit of £269 million ($546.5 million) for its fiscal first quarter ended June 30, a 74.7% jump over a profit of £154 million for the year-ago quarter, a performance with which the airline said it was particularly pleased given ongoing security restrictions at London Heathrow. "These are very good results despite operational difficulties at Heathrow," CEO Willie Walsh said. "Profits are up as a result of steps we took last year to control costs." Revenue ...

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