British Airways and Iberia slump despite better than expected results; Aeroflot up

British Airways (-3.6%) and Iberia (-2.5%) were the biggest decliners on Friday (29-Oct-2010) after BA remained cautious on its outlook for 2011. During trading, BA reported a net profit of GBP107 million for the three months ended 30-Sep-2010, compared with a loss of GBP217 million in the previous corresponding period.