newstodate.aero
AUG 08, 2005 (newstodate): During its Q1, beginning April, 2005, British Airways World Cargo saw volumes down but yields up.
Volumes thus fell by 2.6 percent, resulting in a lower cargo load factor, down by 2.4 percentage points.
Yields, nowever, increased by 2.7 percent, and by 4.3 percent when eliminating the negative impact from the exchange rates.
-The first quarter saw pressure on yields and volumes due to intense competition in many markets and an uncertain global economy. High fuel costs have also impacted our results, sys Steve Gunning, BAWC head of finance.
Volumes thus fell by 2.6 percent, resulting in a lower cargo load factor, down by 2.4 percentage points.
Yields, nowever, increased by 2.7 percent, and by 4.3 percent when eliminating the negative impact from the exchange rates.
-The first quarter saw pressure on yields and volumes due to intense competition in many markets and an uncertain global economy. High fuel costs have also impacted our results, sys Steve Gunning, BAWC head of finance.