BA profits dive

British Airways today reported a 40% fall in third-quarter profits, but said the number of passengers carried last month lifted by 4.3%.

BA said pre-tax profits in the three months to December 31 fell to £75m (€108.7m) from £125m (€181.3m) a year ago. The figure lifted BA’s nine-monthly profits to £410m (€594.5m) against £185m (€268.3m) last time.