British Airways records high profits

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Flag of the United Kingdom
Flag of the United Kingdom

According to the Press Association British Airways’ profits have gone up 45% in the last year alone, creating a 35 million pound bonus for the employees of the company. The British company’s financial success is even more meaningful considering that the year was marked by increasing oil prices and a catastrophic opening of the T5 terminal in Heathrow. Chief executive Willie Walsh declared: “We have achieved our goal of a 10% operating margin which I am delighted has triggered the reward scheme for our staff. For our shareholders too, it signals the welcome return of a dividend – the first since 2001.”

International  International news in general
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