BA To Cut Spending By One Fifth - Congoo

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BA to cut spending by one fifth

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BBC | July 03, 2009

The economic downturn has hit demand for air travel British Airways says it has cut its capital spending for the financial year 2009/10 by one fifth as it tackles the economic downturn and less passengers. The airline said it had cut spending by 20% to 580m ($952m) from 725m, and had lengthened its ...

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