TravelMole
Agent

BA shares fall following downbeat statements from US airlines

Wednesday, 5 December 20073 min read

British Airways shares fell by 6% yesterday following a series of downbeat trading statements by US airlines this week.

Southwest Airlines, Delta Air Lines, Continental Airlines and United Airlines have all announced their intention to scale back plans to increase capacity next year due to rising oil prices and the weak US economy.

BA, which is due to release its November figures later today, saw its shares closed down 21.25p at 322.5p.