Caterer DO & CO braces for tough year after first annual loss

VIENNA (Reuters) - Austrian airline and event catering group DO & CO reported its first annual loss on Tuesday as demand slumped during the coronavirus pandemic and on start-up costs related to a contract with British Airways .DO & CO, which also operates restaurants, said it had taken restructuring measures in response to the pandemic and decided not to propose a dividend for its 2019/20 business year.With around 70% of revenue coming from its airline business, the group said its 2020/21..