Anyone know why BAY is rising so strongly in spite of all the bad news regarding delayed flights, etc.?
All comments appreciated

not for now capetown.

Good old BA,up from 260 to 311,just on the basis that this stock way oversold!!,good stock to trade if you buy and can afford to hold.

327pence,now reached its re rating @330,could be time to sell and buy again on the next dip,however it could rise further on nearing Terminal 5 move dates.

BA profits up 35%
Lets see if it continues upward trend in SP.

Looks like the market has priced these anticipated results in the sp already from recent 260 climb,a fallback and then a rise leading to T5?

BA loses more luggage than European rivals
By David Millward, Transport Editor
Last Updated: 4:15am GMT 20/02/2008


British Airways lost more than a million bags last year - a higher total than any other airline in Europe - figures have shown.

BA blamed problems at Heathrow and the carry-on baggage restrictions for its poor performance

BA's performance deteriorated in 2007, with a larger proportion of bags failing to reach destinations with their owners.

BA mislaid 26.5 bags for every 1,000 passengers it carried last year, compared to 23 in 2006, the Association of European Airlines. (AEA) reports.

It heaps further embarrassment on British aviation by disclosing that a higher proportion of flights were delayed at Heathrow last year than any other major European airport.

Because it deals with more passengers, BA lost the most bags overall, more than 1.1 million, but is spared the embarrassment of being the worst-performing airline by TAP, the Portuguese carrier, which lost 27.8 bags per 1,000.

Aviation watchdogs said travellers faced inconvenience and expense - such as having to buy clothes - even if they were reunited with their bags.

"Whatever the extenuating circumstances, when passengers hand their bag in at check-in they should expect to see their bags at the other end," the Air Transport Users Council (AUC), said.

A number of airlines, including EasyJet, Ryanair and Virgin, are not included in the AEA league table, which is compiled with information from carriers themselves. The AUC called on the European Commission to name and shame airlines. "Passengers should not have to take the industry's word for it," a spokesman said.

BA blamed problems at Heathrow and the carry-on baggage restrictions - limiting passengers to one piece of hand luggage - for its poor performance.

"Although Heathrow continues to suffer from a very stretched infrastructure, running at almost double capacity, we also accept that on occasions our own levels of service have not been as high as we would like," a BA spokesman said.

"The record level of bags in the summer combined with the wettest UK June and July on record and a critical level of security following the bomb attack at Glasgow airport led to a range of operational difficulties which also impacted on our baggage performance during the busiest months of the year," he added.

The AEA's airport statistics show that 35.5 per cent of Heathrow's flights were delayed by more than 15 minutes. Gatwick fared little better with 30.2 per cent of its flights leaving at least a quarter of an hour late.

Heathrow flights were delayed by an average 32.7 minutes, while at Gatwick the wait was 31.5 minutes.

price now 258p.

Have to admitt,not good,but way oversold in my opinion.

I don't think so. Read this week of Investor's Chronicle...more turbulence ahead

That turbulence is already priced in and if averted the sp will be back up to 300p in no time,after all the CEO topped up hids lot last week,lets wait and see,i take it you are not invested in BA hyleo98?.

No way...the graph is showing a clear downtrend.

CAPETOWN you must work for BA when does terminal 5 open.

I dont work for BA,but heavily invested and her indoors does,T5 is open in stages starting may,its an awsome building by all accounts,and will create huge cost savings on BA operations.

No, he can't be working for BA. Pilots there are staging a strike during Easter and morale among workers is low.

BAYLIS
"BA when does terminal 5 open" suppose to be the end of this month but looks like it may be a bit late.

Hlyeo,he has a name,capetown!,
I doubt BA will go on strike as the pilots dispute is still in negotiation and i believe the threat of strike action over open skies is for now on hold.

Good set of results today and a nice tick UP.,

Driver move to T5 is in stages,the savings for BA will be substantial.

Good set of results???


BA reduces 2008/09 operating margin target from 10 pct to 7 pct UPDATE - AFX
(recasts, adds detail)

LONDON (Thomson Financial) - British Airways PLC has reduced its guidance for 2008/09 operating margin by 3 pct because of higher oil prices and global economic weakness.

At its investor day today the airline said it anticipates an operating margin of about 7 pct for 2008/9. Last month, the company said it expected to achieve a 10 pct full-year operating margin.

The British flag carrier said in a statement that fuel costs are expected to increase some 450 mln stg, or 20 pct, to 2.5 bln stg. Oil is now trading at around 100 usd per barrel, around 38 usd per barrel higher than at this time last year.

BA projected non-fuel costs would rise 3-3.5 pct with total costs, excluding fuel, forecast to be up 200 mln stg.

BA said it expects revenue to increase by 4.0-4.5 pct to over 9.1 bln stg for the financial year 2008/9, based on a 2.4 pct growth in capacity of available seat kilometres.

Chief financial officer Keith Williams said the outlook for next year is consistent with the economic slowdown, the impact of higher fuel costs and the company's one-off Terminal 5 transition costs.

Yes,7 % is historically very good for ba,it will pick up,fuel costs problem for all airlines,i am not too worried as i invested when these were rock bottom.

What did Warren Buffet say about investing in airlines?

NOT A GOOD I DEAR.