He's gone to Washington to see the Bailout Queen.....
BA's September traffic was off significantly in September. Passenger traffic, as measured in RPKs, fell 4.8% in September compared to the same month in 2007. This included an 8.6% fall in premium traffic and a 4.1% decline in its non-premium traffic.
Ouch....
The continues the trend for BA of traffic falls that started at the beginning of the year. BA's troubles reflect the general malaise that is impacting the whole market.
BA says it is targeting break even for the year in operating revenue.
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