{"id":97167567,"date":"2010-07-30T15:19:00","date_gmt":"2010-07-30T15:19:00","guid":{"rendered":"http:\/\/www.cheapoair.com\/miles-away\/british-airways-reports-losses\/"},"modified":"2010-07-30T15:19:00","modified_gmt":"2010-07-30T15:19:00","slug":"british-airways-reports-losses","status":"publish","type":"post","link":"https:\/\/www.cheapoair.com\/miles-away\/british-airways-reports-losses\/","title":{"rendered":"British Airways Reports Losses"},"content":{"rendered":"<p align=\"center\">\n&nbsp;<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"\/miles-away\/wp-content\/uploads\/files\/2010\/7\/OneTravel_com_header_0000_1.jpg\" alt=\"British Airways reports another loss\" title=\"British Airways reports another loss\" width=\"450\" height=\"340\" \/>\n<\/p>\n<p align=\"center\">\n<strong>&nbsp;British Airways reports losses <\/strong>\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nBritish Airways presented its interim management statement today for the three months ending June 30, and it is not pretty.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nThe airline underwent an operating loss of $112 million (the previous year it lost $146 million) a loss before tax of $255 million (2009: $230 million).\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nConversely, its cash balance of $2.72 billion is up $54 million from year end. Also, the merger between British Airways, Iberia and American Airlines is doing well, and the pension agreements were accepted by the UK Pensions Regulator.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nWillie Walsh, chief executive of British Airways, blames the decreased numbers on the Iceland volcano and the consistent strikes by the airlines&rsquo; crews earlier this year.\n<\/p>\n<p>\n<em>&nbsp;&nbsp;<\/em>\n<\/p>\n<p>\n<em><br \/>\nSource:<a rel=\"nofollow\" href=\"http:\/\/www.travelagentcentral.com\/united-kingdom\/british-airways-posts-more-losses-22834\" target=\"_blank\"> Travel Agent Central <\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp;British Airways reports losses &nbsp; British Airways presented its interim management statement today for the three months ending June 30, and it is not pretty. &nbsp; The airline underwent an operating loss of $112 million (the previous year it lost $146 million) a loss before tax of $255 million (2009: $230 million). &nbsp; Conversely, [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-97167567","post","type-post","status-publish","format-standard","hentry","category-other"],"_links":{"self":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/97167567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/comments?post=97167567"}],"version-history":[{"count":0,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/97167567\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/media?parent=97167567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/categories?post=97167567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/tags?post=97167567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}