www.Parctel.com: At its annual Investor Day today on March 7, 2007, British Airways released market guidance for the financial year 2007/8.
Revenue is forecast to increase by 5-6 per cent based on capacity measured in available seat kilometers (ASKs) up 1.3 per cent, traffic measured in revenue passenger kilometers (RPKs) up 2.4 per cent and yield measured in pence per RPK up 3.4 per cent.
Fuel is forecast to be up by some £100 million for 2007/8. Total costs, excluding fuel are forecast to be up £50 million.
This will leave the company on track to achieve a 10 per cent operating margin in the year to March 2008.
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