BA revenues to fall by £1bn this year: CFO

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British Airways is expecting its revenues for 2009-10 to fall by £1 billion ($1.6 billion) compared with the previous year.

Chief financial officer Keith Williams gave the forecast in the airline's internal publication.

He says a £500 million cut in the fuel bill will still leave a £500 million shortfall "just to stand still".

"This year we will still make the single largest loss in our history," he says, exceeding the £401 million pre-tax loss posted for 2008-09.

BA's revenues last year reached around £9 billion.