British Airways makes worst ever loss

"British Airways slumped to a loss of £401m and scrapped its dividend this morning as high fuel prices and a collapse in business travel saw the airline post its worst ever financial performance.BA swung from a record profit last year to a record deficit after it was hit by a near-£3bn fuel bill, the weak pound and the sudden deterioration in its most important market, transatlantic business customers, due to the banking crisis." Next.