British Airways cuts capacity, delays A380 order

British Airways on Friday reported further declines in passenger traffic in June as consumers continued to shun business-class travel in particular, and said it will further reduce capacity and defer the delivery of 12 Airbus 380s on order to try to reduce the impact of the crisis on its bottom line.



Related market news:

Airbus unveils fresh delays to A380 deliveries
Ladbrokes chief stops staff using British Airways: report
EADS shares fall; A380 delivery delays reportedly possible
Airline shares get a boost from US Airways capacity cuts
Airbus launches review of its A380 program: report
British Airways, Iberia hold merger talks
British Airways swings to loss on higher fuel costs
US Airways cutting capacity, jobs on higher fuel costs
BMW, British Airways pace Europe stocks retreat
Moody’s lowers British Airways’ outlook to negative


Leave a Reply

You must be logged in to post a comment.