BA will survive industry crisis, boss vows

British Airways boss Rod Eddington said today the beleaguered airline would survive despite reporting a 98% dive in second-quarter profits.

BA will survive industry crisis, boss vows
Tue, 06 Nov, 2001 - 14:41

British Airways boss Rod Eddington said today the beleaguered airline would survive despite reporting a 98% dive in second-quarter profits.

Pre-tax profits for the three months to September 30 - one of the busiest periods of the year for the travel industry - were £5m, while turnover slipped 12% to £2.25bn.

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CourtsBritish Airways lossesPlace: LondonPlace: Harmondsworth, north-west LondonPerson: Rod EddingtonPerson: EddingtonPerson: John RishtonPerson: Merrill LynchPerson: Tim LyleEvent: 11Organisation: BAOrganisation: British AirwaysOrganisation: QantasOrganisation: RyanairOrganisation: The Transport and General Workers’ Union
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