British Airways (BAIRY) posted its first quarterly profit in two years thanks to higher ticket prices.
The company reported earnings of 229 million pounds ($365 million) for the quarter ended Sept. 30, compared with a loss of 111 million pounds a year earlier, according to Bloomberg News.
Sales rose 18% to 2.51 billion pounds.
Sponsored Links
British Airways said that yields – a measure of…
Continue reading British Airways Reports First Quarterly Profit in Two Years
British Airways Reports First Quarterly Profit in Two Years originally appeared on DailyFinance on Fri, 29 Oct 2010 06:47:00.