Article Abstract:
British Regional Air Lines has seen a drop in its stock price since it was floated in 1998, though the company has achieved a good operating performance. The company pays British Airways a franchise fee for its main business, regional or short-haul transportation for business travelers, and can use the British Airways brand for this activity. The franchise is due to expire in 2003, and is likely to be renwed. The company's profit is forecast at 8.8 million pounds sterling by Dresdner Kleinwort Benson.
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Article Abstract:
British Airways is cutting costs and should see a drop in fuel prices. The company faces intense competition in the north Atlantic, though this is easing.
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Article Abstract:
British Airways has seen a drop in its stock price which is unlikely to be reversed over the short term. The company would gain in strategic terms from a merger with KLM.
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