British Airways’ share price rose 13 pence to 225.5 pence yesterday following good news from Iata.
The 6% increase was driven by statistics from the airline association showing a 6.4% year-on-year growth in the carrier’s passenger numbers in January, largely thanks to growth on its Asian routes.
The upturn follows the airline’s report last month that heavy cost-cutting had helped it make a surprise third-quarter operating profit.
While the airline may have had a financial lift, negotiations with cabin crew about the impending strike will continue today, with chief executive Willie Walsh due to update staff on any progress made.
Any strike action must be taken by March 22, with Unite required to give BA at least a week’s notice.
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