British Airways (BA) had an operating profit of more than 170 million euros over the past six months, up 6.4 per cent compared to last year.
The company’s interim report, which included data collected between April 1 and September 30, also revealed that the company’s revenue was more than 5,800 million euros, compared with 5,400 million in 2007, and that BA was on track on achieving a small profit in the financial year.
BA’s chief executive Willie Walsh said: “This is a good performance given the incredibly difficult trading conditions. The six month period will be remembered as one of the bleakest on record. The period was hit by a crisis in the banking sector, record fuel prices and several airlines going out of business.”
BA’s report also highlighted that the company had improved its operational performance significantly, especially punctuality.
“In these difficult times, it is more important than ever to deliver excellent customer service,” said Willie Walsh, adding: “Our punctuality performance has improved significantly. Our passengers are departing more promptly than in recent years and we are improving every month.”