Noting that 2009 was marked by the "extraordinary circumstances" surrounding its re-launch as a private carrier, the integration with Air One and a "thorough reorganization of company procedures, commercial policies, industrial organization and network layout," Alitalia Group closed the year with a net loss of €326 million ($434.3 million) on revenue of €2.92 billion. Operating loss came in at €274 million, of which €273 million accrued in the first half (ATWOnline, Nov. 9, 2009). The ...

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