After losing £401m, BA announces 1,700 job cuts

More bad news for the company....

• BA urged to 'step back from brink' (The Telegraph)

BA posts first quarter pre-tax loss of £148m

Trading conditions 'very challenging' with 'no visible signs of improvement'

• BA posts £148m loss and remains gloomy on industry prospects (The Guardian)

The Times describes the loss as 'the worst result since privatisation'

BA to scrap free meals on short flights

In a desperate bid to save around £22 million a year The Independent reports that BA is to scrap 'free meals' on its short haul flights.