BMI Posts Loss, Sees 2005 For 'Permanent Profitability'

BMI British Midland posted a GBP9.8 million (US$17.9 million) loss in 2003, slightly improving its 2002 results. Revenues were up 6.6% to GBP772 million (US$1.4 billion), and passenger traffic increased 25% to 9.4 million, indicating a significant drop in yields. With low-fare subsidiary bmibaby...

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