§ Mr. Litterickasked the Secretary of State for Trade if he will publish figures showing the profits or losses produced by 169W British European Airways, British Overseas Airways Corporation and British Airways, respectively, during each of the last complete 20 operating years for which figures are available.
§ Mr. Clinton DavisThe following figures taken from published accounts show net profit (loss) attributable to the corporations after interest, taxation and adjustments for minority shareholders in subsidiaries where appropriate. Combined accounts for British Airways were published from 1972–73 following establishment of the British Airways Board.
BEA BOAC £ million £ million 1957–58 1.055 (3.485) 1958–59 0.233 (11.636) 1959–60 2.086 (0.556) 1960–61 1.545 (1.984) 1961–62 (1.488) (50.072) 1962–63 (0.265) (12.860) 1963–64 3.030 (10.356) 1964–65 1.317 8.875 1965–66 1.284 8.052 1966–67 0.708 23.867 1967–68 (1.784) 22.492 1968–69 3.536 21.680 1969–70 6.532 19.313 1970–71 0.524 3.441 1971–72 0.181* (1.405)
British Airways £ million 1972–73 5.2 1973–74 16.6 1974–75 (9.4) 1975–76 (16.3) 1976–77 35.1 * After charging £0.14 million taxation for associated companies.