BA posts big second quarter losses

Industrial action and volcanic ash cloud compound problems for ailing airline.

British Airways recorded a £164 million loss in the second quarter of the year, a slight improvement on the same time last year.

The airline's performance suffered from industrial action by its staff, who went on strike for 15 days in the quarter.

In addition to this the six-day closure of British airspace in April due to the volcanic eruption in Iceland contributed to the airline's financial problems.

However, chief executive Willie Walsh remains optimistic, saying that the company is aiming to break even by the end of the full year.