Zoom in Loss forced the British Airways to Cut 1200 Jobs

British Airways reveled a heavy loss in its first half on Friday and axed an extra 1200 jobs in an essential cost reduction programme. British Airways posted a loss after tax of $361 million during the six months to September 30 compared with a loss of equivalent in 2008.
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Mr.Wilie Walsh the BA Chief Executive said in comments accompanying news of the company’s deep loss. Most of the new losses would be outside Britain and follow a high response from staff agreeing to work parttime or take voluntary redundancy to help secure the airline’s future.

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