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BA pre-tax profits up 65% in strong first quarter
Graham Dunn, London (05Aug05, 07:57 GMT, 155 words)


British Airways (BA) has increased pre-tax profits in the first quarter by 65% to reach £124 million ($153 million) citing increased premium traffic for higher passenger revenues.

Passenger revenues for the three months ending 30 June 2005 were up 4%, helping BA’s overall revenues for the period to rise 8% to £2.06 billion. Passenger yields were up 1.5% over the same period last year, an improvement largely driven by increased premium traffic.

Operating costs were up 6% during the period to £1.88 billion, reflects a rise of more than a third in its fuel costs.

The Oneworld carrier’s operating profits increased 36% to £176 million, while pre-tax profits jumped from £75 million to £124 million. Profit after tax more than doubled to £90 million.

BA CEO Rod Eddington says: “These are good results despite a 37.6% increase in fuel costs. The improvement in passenger revenues is driven by more customers flying in our premium cabin.”


Source: Air Transport Intelligence news
 
Og BA starter på LGW-KEF, Tirana, Varna, Izmir fra marts og LGW, Grenoble i år - så de udvidder stille og roligt, vel at mærke med full service i hele kabinen unlike others!!!!
 
BRITISH AIRWAYS NEW SUMMER 2006 ROUTES
British Airways is to introduce four new routes from Europe to London Gatwick next summer, including the airline's first ever flights from Albania and Iceland.
The new routes are:
- Tirana, Albania's capital, commencing March 27. The service will operate three times a week on Mondays, Thursdays and Saturdays. The lead-in return fare will be EUR240.
- Reykjavik, the capital of Iceland, commencing March 26. The service will operate five times a week on Mondays, Wednesdays, Fridays, Saturdays and Sundays. The lead-in return fare will be ISK22,990.
- Varna, on Bulgaria's Black Sea coast, commencing March 29. The service will operate two times a week on Wednesdays and Saturdays. The lead-in
return fare will be EUR200.
- Izmir, Turkey's third largest city, commencing March 26. The service will operate three times a week on Mondays, Fridays and Sundays. The lead-in
return fare will be EUR200.

This is an exciting opportunity for British Airways, demonstrating our commitment to the region and expanding our network.

The new routes will offer our new customers in these cities a direct link to London and the opportunity to access our route network of 151 destinations in 72 countries.

Fares will be available on British Airway's website, www.ba.com from today for travel next year.
For further information:
Sam Heine, Commercial Manager Scandinavia & Iceland
Phone: +45 33 427 910
e-mail: sam.l.heine@britishairways.com
http://www.ba.com
 
er det noe særlig trafikk til Island med andre enn Icelandair egentlig....har liksom aldri hørt om noe.
 
Lufthansa fløy vel for en del år siden fra Dusselforf eller Frankfurt til Island. Mener at min storebror fløy den ruten...
 
Mener å huske fra den gangen jeg samlet på rutetabeller, at SAS stod oppført med flyvninger til KEF, i tillegg til code-share med Icelandair..
Kan selvsagt huske feil...
 
Originally posted by Martin
Mener å huske fra den gangen jeg samlet på rutetabeller, at SAS stod oppført med flyvninger til KEF, i tillegg til code-share med Icelandair..
Kan selvsagt huske feil...

Om inte minnet sviker mig var detta helgflygningar som gick med flightnummer SK856/857.
 
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