British Airways maintained its stark outlook and warned of "record losses" in its fiscal year ending March 31 despite sharp cost cuts and a better-than-expected third-quarter loss of £37.5 million ($58.9 million), narrowed 52% from the £78 million deficit suffered in the year-ago period. Fiscal third-quarter revenue fell 11.1% to £2.04 billion while total costs were down 14.1% to £2.01 billion. Passenger revenue declined 11.8% to £1.76 billion and cargo revenue ...

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