| | |  | | Breaking news Friday May 22 2009 | | | BA plunges to record £401m loss | British Airways plunged to a record loss in its last financial year to the end of March from a record profit a year earlier with a £1.3bn reversal in its fortunes, the worst slump in its history. Willie Walsh, chief executive warned on Friday that the "prolonged nature of the global downturn makes this the harshest trading environment we have ever faced." He said there was "no immediate improvement visible." http://link.ft.com/r/0QSDPP/2FAVH/Z6X5S/VD2VD/GCXE6/VU/h | | | © THE FINANCIAL TIMES LTD 2009 | The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21. | |
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