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British Airways higher despite “no quick fix”, Air France-KLM and Lufthansa gain

Analysis

Shares in British Airways (BA) gained 1.1% yesterday, despite the carrier confirming full year revenue may fall by GBP1 billion if the decline in sales continues at the same pace as in 1Q2009. Sales fell by 12.0% for the three months ended 30-Jun-09 to GBP2.0 billion.

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