Thursday, July 17, 2008

BA will cut capacity on winter flights by up to 5% in an effort to avoid losses. They will reduce the amount of flights on its routes and axe some service between October and March. There will be fewer services on the least cash generative routes with no more than two out of 154 routes being axed. Many airlines are currently cutting capacity due to falling demand and high fuel prices with US carriers leading the way. There are signs that the slowing economy is starting to affect travel with BA seeing a decline of 3.7% or 87,000 fewer passengers in June.

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