HALF-YEAR NET LOSS FOR ALITALIA

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By TESTCustomwebLP TESTCustomwebLP August 3, 2011 08:40

HALF-YEAR NET LOSS FOR ALITALIA

Alitalia Group has reported a net loss of €94 million ($134.9 million) in the 2011 first half. However, this is a 43% improvement from the €164 million deficit incurred in the same period last year. Half-year operating loss was €69 million compared to a €129 million last year, although EBIT was positive in the second quarter at €17 million. Revenue for the six month period was up 7% to €1.56 billion.

The airline carried more passengers in the period, with numbers up 5.7% to 11.2 million and a load factor of 68%.

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By TESTCustomwebLP TESTCustomwebLP August 3, 2011 08:40
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