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03 August 07

BA unveils ‘good results despite operational difficulties’

Cost cutting and exchange rate benefits pushed up British Airways’ profits in April, May and June.

Pre-tax profits during the period rose year-on-year from £191 million to £289 million, but BA admitted that yields had been “flat before exchange”.

BA chief executive Willie Walsh, said: “These are very good results despite operational difficulties at Heathrow.

Profits are up as a result of the steps we took last year to control costs and strengthen our business.”

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