BA flies despite traffic slowdown
"Shares in British Airways have risen almost 9% this afternoon despite a fall in passenger traffic last month.
BA said traffic – as measured in revenue passenger kilometres – fell by 7.3% since last year.
Premium traffic declined 13%, while non-premium traffic slipped 6%.
The company said March's premium volumes had been increased and non-premium volumes reduced because Easter falls in April, as opposed to March last year.
Cargo, measured in cargo tonne kilometres, fell by 10%. "
Read on...
BA said traffic – as measured in revenue passenger kilometres – fell by 7.3% since last year.
Premium traffic declined 13%, while non-premium traffic slipped 6%.
The company said March's premium volumes had been increased and non-premium volumes reduced because Easter falls in April, as opposed to March last year.
Cargo, measured in cargo tonne kilometres, fell by 10%. "
Read on...