British Airways turned in a pre-tax profit of £415 million ($773 million) for the full year to 31 March, a rise of more than 80% on the previous year's figure. Operating profit was up by one-third to £540 million on the back of a 3.3% increase in turnover to £7.8 billion. "These are good results, driven by continued cost-control and strong demand for our products," says outgoing BA chief executive Rod Eddington, adding that the figures represent BA's best operating margin for eight years.
Source: Flight International