Summary
BRITISH Airways yesterday signalled it was well on the way to a full-scale recovery by unveiling an 80-per cent increase in annual pre-tax profits driven by a continued focus on cost-cutting.
The airline, which lost its unofficial title as the "world's favourite" to German rival Lufthansa, reported pre-tax profits of pounds-415m for the year to March 31 compared with pounds-230m in 2004.See the full content of this document
Extract
Ba Reaches for Sky As Profits Soar to Pounds-415m
Rod Eddington, chief executive, said: "These are good results driven by continued cost control and strong demand for our product...
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