BA Expects Snow-Costs To Top GBP50 million
By Robert Wall wall@aviationweek.com
LONDON
British Airways is warning of a ₤50 million earnings hit in the quarter ended Dec. 31, the third quarter of its fiscal year, because of snow-induced travel disruptions in Europe. The fourth quarter also likely will see a slight impact.
The airline, along with many rivals, was forced into several days of cancellations because of disruptions at London Heathrow and other airports. The cancellations depressed ...