09-Feb-2009 11:47 AM
British Airways jumps on possible job cuts, Austrian falls on insolvency fears
Analysis
British Airways stated it is considering further job cuts, possibly via voluntary redundancy scheme, to improve cost efficiency. Investors seized on the news, shrugging off the carrier's disclosure of a nine-month pre-tax loss, sending British Airways shares up 10.5% by the close on 06-Feb-09.
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