According to its first quarter results the airline has begun accounting for the slot acquisitions in the balance sheet. The move has been approved by both its audit committee and its external auditors, Ernst & Young.
The decision comes as the acquisition of more prime Heathrow slots becomes an urgent priority at the highly congested airport.
BA, the leading operator at Heathrow, controls around 39% of total slots. The new category ‘landing rights’ under intangible assets included in its results valued the rights at £42m.
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