Ba Passes On Fuel Cost to Passengers

Summary


British Airways - one of the major operators at Birmingham International Airport - is sharing the pain of its pounds 1 billion- plus fuel bill with passengers by doubling a surcharge on long-haul flights.

The move came as BA yesterday warned that employee and fuel costs were its biggest challenges, despite posting profits of pounds 115 million in the three months to June 30 - up from its Iraq war- related losses of pounds 45 million in 2003.

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Extract


Ba Passes On Fuel Cost to Passengers

The latest hurdle to BA's recovery strategy stems from a likely pounds 225 million rise in fuel costs to pounds 1.1 billion in the current fina...

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