So far, the indications are that while passenger numbers are picking up, they are in the cheaper seats. The lucrative business class has not recovered from last year's slump. There is also intense competition over the crucial north Atlantic routes.
BA's results will probably look good in comparison with those of most other international airlines, and it will be safe to assume that this year's dividend will rise. But in these markets, BA remains an investment for the strong-hearted.Reuse content