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British Airways to cut more jobs after a heavy loss

LONDON, Nov 06, 2009 (Xinhua via COMTEX) --

British Airways (BA) said on Friday that it plans to cut a further 1,200 jobs after reporting a heavy loss in the first-half of its financial year.

The further job cut means that the airline will have shed a total of 4,900 positions by March 2010.

The company suffered a loss before tax of 292 million pounds ( about 485 million dollars) for the six months to the end of September, compared with profits of 52 million pounds a year earlier. It is also the first loss in first half of its financial year.

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