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British Airways shares fall on FTSE 100



15 March 2010 @ 11:58 am BST

British Airways share price has fallen on the FTSE 100 as the markets apparently took into consideration the strikes announced last Friday.

With seven days of disrupted airbourne service, shares in the company are in gradual decline this morning, despite a late rally Friday keeping the price above 235 pence.

Currently, the shares are down 1.27 pct to 232.60.

Despite this, British Aiways shares are at a six month high because of an alliance with American Airlnes (AA) and JAL which has seens its value rise approximately 30 pence.

"It is the wrong time, it is unjustified, it is deplorable, we shouldn't have a strike. It is not in the company's interest, it is not in the workers' interest and it is certainly not in the national interest. I hope that this strike will be called off" said Mr Brown on "Woman's Hour" BBC Radio 4.

Unite the union responsible has said that the British Airways cabin crew will be striking for three days on 20 March and for another four days from 27 March.

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