BA profits slashed 91%

“bleakest trading environment ever” – Walsh

British Airways has been hit by a 91.6% plunge in its half-year profits, with the airline blaming "incredibly difficult trading conditions" for the fall.

BA said pre-tax profit totalled £52m ($81.6m) between April and September, down from £616m a year earlier.

BA's chief executive, Willie Walsh said the period would "be remembered as one of the bleakest on record".

Source: Routes News