British Airways said today it expected revenues to increase by 5 to 6 per cent for 2007-08 based on capacity set to rise by 1.3 per cent and traffic to increase by 2.4 per cent.
BA expects its fuel bill to rise by £100 million and its total costs excluding fuel to go up by £50 million, it said in a statement to the London Stock Exchange released to mark the firm's investor day.
The airline said this would leave it on track to achieve a 10 per cent operating margin in the 2007-2008 financial year, which begins on April 1st.