Alitalia reported a consolidated operating loss of €119.6 million ($147.7 million) in the first quarter ended March 31 compared with a €189.7 million operating loss in the prior-year period. Pre-tax loss before exceptionals amounted to €134.4 million, a steep improvement from the €206.3 million pre-tax loss a year earlier. Revenue climbed 8.2% to €963.2 million and Alitalia said the cost of external materials and services rose 5% to €733 million. ...

Subscribe to Access this Entire Article

"Cost-cutting beginning to pay dividends for Alitalia" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.