BA profit rise beats forecasts, warns on revenues

(Reuters) - LONDON, Aug 3 - British Airways posted a 28 percent rise in quarterly operating profit on Friday to beat analysts' forecasts, but warned a weak dollar and soaring fuel prices would slow full-year revenue growth and raise costs.



Earnings before interest and taxes for the three months to end-June rose to 263 million pounds , BA said in a statement to the London Stock Exchange.


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U.K. FTSE 100 Index Falls, Led By British Airways; Legal & General Drops

(Bloomberg) -- U.K. stocks dropped for the first day
in three, paced by British Airways Plc and EasyJet Plc after
Britain raised its terror alert.

Legal & General Plc and Royal & Sun Alliance Insurance Group
Plc led insurers lower also on concern claims tied to floods in
the U.K. will rise. Mining stocks limited declines, paced by
Lonmin Plc on speculation the platinum producer maybe a takeover
target.


Read more at Bloomberg Stocks News