Alitalia posts losses during Q1

The Alitalia Group has posted a 7.4% decline in revenue to post total revenues during the first quarter of €729 million, with an EBIT operating loss of €136 million compared a loss of €109 million in Q1 2012. The airline’s net result was a loss of €157 million compared to a loss of €131 million during the same period in 2012. As of March 31, 2013, Alitalia’s net financial indebtedness was equal to €1.023 bn, which included €95 million shareholders loan. At December 31, 2012, the airline’s indebtedness was €967 million, with a share of owned aircraft indebtedness equal to