BA in "fight for survival"
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Writing in the airline’s staff newspaper, Mr Walsh said:”It’s critical that we all recognise that the diagnosis for our airline isnow critical.”
He said the current aviation industry crisis “hasnever been more serious”. Airlines are suffering from a wide-spread slumpin demand, a result of the economic downturn.
Europe’sthree largest network carriers – Air France KLM, Lufthansa and BA – have allrecently reported financial losses. Last month BA reported a record loss fullyear of
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