LONDON: British Airways plc (BA) yesterday put the direct cost of a wildcat strike at its main London hub 13 days ago at up to £40mil even as it reported a first-quarter loss that was less than what the market feared.
Europe’s biggest carrier said uncertainty created by the strike at Heathrow, the world’s busiest international airport, and the time taken to reach agreement with trade unions on the dispute had hurt forward bookings and would reduce revenue.
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