Alitalia €69 million net loss

Written by Your VIPTRIP Team on February 2nd, 2012

February 2012   News reports state that Alitalia Group (AZ) reported a 2011 net loss of €69 million ($92.9 million), a 58.9% improvement from an €168 million deficit in 2010. Operating loss was reduced from €106 million to €6 million “with a negative margin of 0.17% on revenues, in line with the operating breakeven objective,” the company said in a statement.

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