Redefining expectations, BA’s “massive” loss.

Making comparisons about losses, after the Global Financial Crisis, £0.29bn isn’t that much.

British Airways have just announced a record loss, of £292mn for the most recent 6 months.

There’s something deeply wrong when, having had your expectations of record losses racked up by the £20bn likes of RBS, that £0.29bn isn’t that big a deal.

Which seems wrong.