British Air faces revenue hit from Heathrow mess

Article Abstract:

Mechanical breakdowns and organizational mismanagement at British Airways PLC's new Terminal 5 at Heathrow Airport, have resulted in the cancellation of flights and strained customer relations. Article discusses the possible effects of the disruptions on the airline's revenue and stock value.

General services, Forecasts, trends, outlooks, Marketing procedures, Maintenance and repair, Airport terminals, Customer relations, Company business forecast/projection, Company forecasts

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British Airways net soars 75%

Article Abstract:

Second-quarter/first fiscal quarter net profit for British Airways PLC rose 75% to reach $547.9 mil, boosted by a lower tax rate and cost controls. Sales fell 2.4%, due in part to security and luggage restrictions at Heathrow Airport in London. Passenger traffic declined by 1.9%.

Air Transportation, Scheduled, And Air Courier Services, Financial report

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