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

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.

The transition to Heathrow Terminal 5
Understanding all our flight moves
On 27 March 2008 our brand new home, Terminal 5, will open. But not all flights will arrive at or depart from the terminal straightaway.
There will be a second move taking place on 30 April 2008. In addition to this, a small number of flights will move from Terminals 1 and
4 to Terminal 3, which will become our hub for oneworld Australasian flights and some European services. And some flights will move
from Gatwick to Heathrow and vice versa.
This table shows you the planned schedule for the complete transition of our services. But in the meantime, before you set off
for Heathrow, please do check your travel documents to be sure you know where your flight will be departing from or arriving at.
*In addition codeshare flights operated by Iberia and Finnair will also be moving to Terminal 3 in September 2008 and Qantas in early 2009.
If you are flying from either Terminal 1 after 27 March or Terminal 4 after 30 April and you are travelling First, Club World or Club Europe, or
youre a Gold or Silver Executive Club member, you can still enjoy all the facilities the lounges offer. At Terminal 1 the Terraces Lounge at Gate 5 will
become our international departure lounge. And at Terminal 4 you can enjoy the Terraces Lounge located close to Gate 1. Both terminals offer a
dedicated check-in area for First, Club World, Club Europe, Gold and Silver Executive Club customers and Check-in kiosks

Take a virtual tour of Terminal 5
For a preview of our exciting new home, visit terminal5.ba.com
With light, crowd-free concourses, elegant shops and delightful restaurants, Terminal 5 brings the joy back to travel and maybe the`share price.

230.5p...looking like kamikaze BA.

All we really need is TAN to build an electric engined 747... job done...

my target 195p

Shouldn't be a problem, Baylis, with oil price sky-rocketing.

Next leg down???

BigTed, did you see the mountain of luggages BA have built in Heathrow? Looks like Himalayas to me.

The mountain of bags is nothing compared to the amoint moved on a daily basis
I agree they should get it right 100% of the time,in 6months from now when BA,get it together,holders of this stock will look back @what the SP is today and wish they had added or bought,OVERSOLD,IMO,of course,nice little tick up today.

Maybee BAA will compensate BA for some of the costs that BA have incurred as its NOT all their fault,
Onwards and upwards,good luck all holders,lets bring back the dividend NOW.

Even Naomi Campbell is pi~~ed off with BA for losing her luggage.

Why should she not be?

who cares about campbell.....shes got anger management problems anyway....can we not put her on a BA flight to zimbabwe or iraq and let her stay there

Probably NOT!,
She is BRITISH.

so r many brits in zimbabwe!!!

She will become the next Mugabe or Saddam if you send her there!