Independent journal on economy and transport policy
08:34 GMT+2
BA fuel costs rocket by £75 million
(The Times)
August 4, 2000
By Jon Ashworth
RISING oil prices have hit British Airways, which yesterday disclosed that fuel costs were £75 million higher in the first quarter compared with the same period in 1999.
The sharp rise reinforces fears that BA is heading for further steep losses this year. The carrier made a pre-tax loss of £244 million last year before exceptional ...... Read more on BBC News
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