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BA profits down results reveal

BRITISH Airways has revealed a profit of £5 million for the quarter
ending September 30, down from £200 million for the same period last year.

The airline blamed the fall in profit on the slowdown of the
US economy, the US terrorist attacks and foot and mouth disease.

BA chief executive Rod Eddington said: “The impact on our interim
and second quarter results should come as no surprise. We remain committed to
our strategy of maximising our share of profitable business and reducing less
profitable capacity, as well as removing further costs.”

 

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