BA reports profit rise
Pre-tax profits at British Airways leapt £115m in the third quarter of the year.
Figures published by the airline show that between July and September profits stood at £220m, up from £105m on the same quarter in 2003.
Surcharges introduced to help offset the rising cost of fuel were responsible for the figures. These are expected to bring in £160m.
BA estimates that its annual fuel bill will increase by £20m to £245m.
‘We are making steady progress in building a more robust airline,’ said BA chief executive Rod Eddington.
He added that the company’s net debt figure of £3.3bn was now the lowest it has been since 1993.