Originally Posted by
Raffles
If you consider a 6% fall in unit revenue to be a good result then I have a bridge to sell you.
Without the fuel hedges finally unwinding it would be a mess. They can't even keep non-fuel costs under control.
Do note that the unit revenue fall at BA is (only) 3.7%. That looks to me to be relatively decent by comparison with e.g. US carriers recent results.
It seems there's fairly broad downward pressure on RASK throughout the industry at the moment.