Struggling Alitalia reports €214.8 million first-quarter loss
Alitalia reported a first-quarter pre-tax loss of €214.8 million ($333.1 million), 41% higher than the €152 million pre-tax loss in the year-ago period, citing higher fuel costs and lower traffic revenue as the main culprits. Total consolidated revenue slipped 0.4% to €1.06 billion, with passenger...
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