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British Airways expects reduced FY2009 revenue of approximately GBP8 billion

4-Nov-2009 12:33 PM

British Airways stated it expects FY2009-10 revenue of approximately GBP8 billion for twelve months ended 31-Mar-2010, GBP1 billion less than the GBP9 million it posted for the 12 months ended 31-Mar-2009 (Dow Jones, 03-Nov-2009). The carrier also expects 2Q2009 yields to be lower than 1Q2009 yields due to a decline in Premium demand.