Summary
BRITISH Airways was in freefall on the stock market today as investors fretted over its loss of thousands of passengers a day to its low-fare rivals easyJet and Ryanair.
BA shares were 15.7p, or almost 10%, weaker at a five-and-a-half year low of 149.7p, extending Friday's sharp fall after a profits and revenues warning in which the flag carrier admitted it could lurch into the red this year.See the full content of this document
Extract
Low-Fare Rivals Put Ba in a Spin ; Aviation
Today's announcement that...
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