Transportation
British Airways reported an after-tax loss of £106 million (US$175 million) for the quarter ended 30 June
, versus a £27 million (US$45 million) profit a year earlier. Passenger revenue fell 12.5 percent. The airline for the winter schedule will suspend operations between London Gatwick and Barcelona, Madrid and New York JFK; ground a total of 22 aircraft; and cut overall capacity by 5 percent.