British Airways Bounces Back
BA passengers seek reassurance in radiation scare | Reuters
Although British Airways has been having a bad time of late, the Polonium-210 scare is not affecting its share prices:
Investors shrugged off concerns that the radiation scare would scare off passengers. BA shares were trading 1.1 percent firmer at 500-3/4 pence at 0857 GMT. But it is another public relations setback for BA, Europe's third-largest carrier, which has suffered four successive summers of disruptions from industrial action and security alerts. The airline's share price was just starting to recover from heightened security at UK airports in August which forced it to cancel 1,1280 flights, creating chaos for thousands of passengers. The airline's image was also tarnished this year when two senior executives quit after being linked to an investigation into alleged price-fixing of fuel surcharges, and it faced heavy criticism from religious leaders last week after refusing to allow a staff member to wear a Christian cross over her uniform.
