BA released that further economic weakness in January and the outlook for February and March combined with the fall in sterling, are impacting the outlook for the year ended 31 March 2009.
Revenue guidance for the year remains unchanged as being up at least 4% year on year with yields benefiting from exchange more than offsetting volume declines. Traffic volumes remain in line with the market.
Costs are being equally impacted by foreign exchange and non-fuel costs are now expected to rise by 8% year on year compared to the previous guidance of 5%. Fuel cost guidance is largely unchanged at around
