British Airways has put aside ￡350m to cover possible fines and
legal action after it broke competition law.
The decision relates to last year's finding that BA had discussed
fuel surcharges with rivals. BA shares ended 2.9% lower on Friday
after the news.
The announcement came as BA said annual operating profits had
slumped 13% to ￡602m after a spate of negative events.
Thousands of flights were cancelled after a terror threat in August,
with many more hit by fog at Christmas.
And only last-gasp talks with unions managed to stop a proposed
cabin crew strike going ahead - but not before thousands of
passengers had cancelled reservations.
....
BA is also believed to be considering a bid for Spain's carrier,
Iberia, in which it already owns a 10% stake.
Earlier this year the airline sold off its loss-making regional
airline BA Connect as it tried to plug a hole in its ￡2.1bn pension
deficit.
The airline also announced on Friday that it had ordered eight
new short haul Airbus A320 planes for delivery between 2008
and 2010.
全文： http://news.bbc.co.uk/1/hi/business/6668211.stm
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