Friday, May 18, 2007

British Airways profit down 13 pct, makes provision

(Reuters) - Operating profit was 602 million pounds in the year to March 31, compared to 694 million a year earlier.

"Policy requires all staff to comply with the law at all times," it said in a statement about anti-competitive activity. "It has become apparent that there have been breaches of this policy in relation to discussions about these surcharges with competitors."


Read more at Reuters.com Market News

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