newstodate.aero
10 FEB, 2003 (newstodate): British Airways World Cargo reported healthy Q3, 2002, results, with revenues up seven percent compared to 2001.
The company increased FTK by 11.1 percent, while yields were down by 4.1 percent due to effects of deteriorating exchange rates.
According to BAWC, the African and Asian markets increased while other markets kept stable during the period.
The company benefited from the flexibility to direct freighter capacity to the Asia-US markets during the US harbour disputes in Q3.
For the period April-December, 2002, revenues were up 5.1 percent over 2001.
The company increased FTK by 11.1 percent, while yields were down by 4.1 percent due to effects of deteriorating exchange rates.
According to BAWC, the African and Asian markets increased while other markets kept stable during the period.
The company benefited from the flexibility to direct freighter capacity to the Asia-US markets during the US harbour disputes in Q3.
For the period April-December, 2002, revenues were up 5.1 percent over 2001.