Forbers.com: British Airways to slash fares to take on low-cost airlines

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British Airways to slash fares to take on low-cost airlines

LONDON (AFX) - British Airways PLC will today throw down the gauntlet to low cost airlines easyJet PLC and Ryanair Holdings PLC by slashing prices from Heathrow and Gatwick to almost all its European short haul destinations, The Guardian reported citing airline insiders. The newspaper said BA will cut fares to places such as Berlin, Paris and Barcelona by up to 50 pct.