British Airways soars on improving traffic

British Airways’ shares soared 6.5% yesterday as the airline revealed passenger traffic (RPKs) rose 1.3% year-on-year in Sep-2010. The total comprised a 4.3% increase in premium traffic and a 0.7% increase in non-premium traffic. BA noted market conditions “remain as previously anticipated, with strong yield performance in both premium and non-premium cabins”.