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The Week: City News - BA announces record losses.(Financial report)

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| May 28, 2010 | COPYRIGHT 2003 Haymarket Business Publications Ltd. (Hide copyright information)Copyright

British Airways last week announced record annual losses of more than pounds 500 million, with the full impact of the cabin crew strikes and the volcanic ash cloud yet to be measured.

The airline's annual revenue fell 11.1 per cent to pounds 7.99 billion in the …

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