BA=92s cost-cutting positive results Tobago News 12.06.02 British Airways has exceeded analysts=92 expectations by announcing a= pre-tax=20 profit of TT$2.5 billion for the three months up to the end of September,=20 but said that there were still rough times ahead. This result came about=20 after heavy cost-cutting under BA=92s two-year recovery plan =96 Future Size= =20 and Shape. The airline also said that despite continued uncertainty in the= =20 aviation industry, it should be on course to end the financial year in the= =20 black =96 barring a war with Iraq or further terrorist actions. District=20 Manager, Marcelle Joseph said: =93These are good results. Every-one in the= =20 company has worked hard to make them that way and should be proud of what=20 they have achieved. Our strong performance shows we can deliver, despite=20 the difficult trading environment.=94 BA is now nine months into its Future= =20 Size and Shape programme to reduce costs, restructure its short-haul=20 operation to compete more effectively with the no-frills carriers and=20 reduce complexity in the business. The new low-fare and on-line booking=20 drive is very popular with customers. BA operates three flights a week from= =20 London=92s Gatwick airport to Tobago. The owner of Roger's Trinbago Site: Roj (Roger James) *************************************************** escape email mailto:ejames@escape.ca Trinbago site: http://www.tntisland.com CBC Website http://www.tntisland.com/caribbeanbrassconnection/ The Trinbago Site of the Week: (Island Events) http://www.islandevents.com (Island Events) courtesy of Roj Trinbago Website & TnT Web Directory Roj's Trinbago Website: http://www.tntisland.com TnT Web Directory: http://search.co.tt *********************************************************