An upbeat traffic report in September has pushed British Airways’ shares up 6.4%.
Shares rose 15.5p to 254.6p, their highest closing price since August 2008.
The airline reported that traffic in September was up 1.3% over the same month last year, with a 4.3% jump in premium traffic.
The news was welcome by the financial markets, even though total traffic for the year to date is still down 7.4% compared to last year due to the cabin crew strikes and the volcanic ash cloud disruption.
Later today BA launches a new transatlantic route alliance with Iberia and American Airlines.
By Bev Fearis
