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Page last updated at 07:11 GMT, Friday, 21 May 2010 08:11 UK

BA CEO Walsh: Pleased with BA cost performance

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British Airways has reported its biggest annual loss due to lower passenger numbers, higher costs and the impact of strike action.

The results came as BA faced 15 more days of strike action by cabin crew, due to begin on Monday.

BA's chief executive Willie Walsh said that despite the huge losses, the company's efforts to cut costs were a cause for optimism.

He told the BBC's Robert Peston that structural change was "so important".

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