British Airways reported a net profit of £251 million ($464.2 million) for the financial year ended March 31, a 93.1% increase compared to a net profit of £130 million during the 2003-04 fiscal year. Net debt fell by £1.2 billion to £2.9 billion, its lowest level since 1993, while operating margin improved 1.5 points to 6.9%, the airline's best margin since 1997. "These are good results driven by continued cost control and strong demand for our products. Seat factors are ...
"Printer-friendly" 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.