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British Airways World Cargo saw a 4.7 per cent increase in sales, after the impact of exchange rate movement, to £615.7 million for the year ended March 2008.
Sean Doyle, financial controller at BA World Cargo, said the upturn was due to an “improved operational performance”, which the company will continue to focus on heavily in the coming year.
Volumes rose 4.2 per cent to 4,891 million cargo tonnes kilometres, despite numbers being down by 1.5 per cent at the end of the first half of the year.
Overall yield, excluding the effect of the exchange rate, was up 0.6 per cent, owing to an improved premium product mix and increased fuel surcharges, offset by a decrease in underlying freight rates.
