BA profits slide for fourth quarter, increase for full year


LONDON (AP) - British Airways' fourth quarter pretax profits fell to 5 million pounds (US$9.3 million; euro7.3 million) from 45 million pounds a year earlier, largely because of rising fuel costs, but the carrier's full-year pretax profits jumped sharply, it said Friday. 

The airline said pretax profits for the year ending March 31 hit 415 million pounds (US$772 million; euro610 million), up from 230 million pounds in 2003-2004. 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

UOB Malaysia's FY23 operating income hits record RM6.4bil, pretax profit RM1.9bil
Bursa Malaysia all-time high indicates Madani framework is building investor confidence
OCBC posts record Q1 profit, makes US$1bil bid to take Great Eastern private
Amazon’s new fees on sellers likened to ‘kick in the gut’
Mr D.I.Y earnings in line with expectations
Annum falls under PN17
Ringgit appreciates against the US dollar at opening on renewed demand
MCE shares jump 15% as Brahmal emerges as substantial shareholder
FBM KLCI higher as Wall Street overnight cues positive
Trading ideas: Scientex, Solarvest, Supermax, Salcon, Pentamaster, Globetronics, Mr DIY, MCE

Others Also Read