BA announces €64m losses

British Airways today revealed first quarter pre-tax losses of £45m (€64m). The airline also said the cost of industrial action over its proposed swipe card clocking-on system will be in the range of £30 (€42.6m) to £40m (€56.9m).

British Airways today revealed first quarter pre-tax losses of £45m (€64m). The airline also said the cost of industrial action over its proposed swipe card clocking-on system will be in the range of £30m (€42.6m) to £40m (€56.9m).

Union leaders said the strike losses were down to the company, because of the way it tried to impose the swipe cards, but they pledged to try to rebuild confidence in the airline and among its customers.

Paul Talbot, assistant general secretary of Amicus, said: “Since the 9-11 attack in New York the workforce has been engaged on a day-to-day basis in trying to turn the company around, and this will continue.”

Bill Morris, general secretary of the Transport and General Workers’ Union, said it was important now that all sides tried to rebuild confidence in BA.

Morris said both sides in the dispute had learned lessons from the row but he added it was now important to move on and help secure the airline’s success.