British Airways profits slashed by Goldman Sachs

British Airways flew into more trouble this morning after investment bank Goldman Sachs downgraded the stock from a “buy” to a “sell” saying lower revenue and oil prices would cut profits by up to 46 per cent.

British Airways is already reeling from the chaos in the opening days of its


The fiasco has resulted in 399 flights being cancelled up to and including Wednesday, with an estimated cost to the airline of