Atlanta, Ga. 5/16/2008 11:48:51 PM
News / Business

British Airways Reports Large Rise in Profits

British Airways has reported a 45 percent rise in their annual profits yet were quick to point out the hurdles that lay ahead in order t maintain such growth.

 

The airline reported a £883m profit for the year ending March 31 but the noted the rising cost of jet fuel coupled with the difficulties opening Terminal 5 at London Heathrow Airport would clearly affect the profitability of the new financial year.

 

According to British Airways they are expecting a 4 percent rise in profits but admitted it would be a struggle.

 

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