Alitalia A321. Photo: By Rob Finlayson. Alitalia reported a first-quarter net loss of €89 million ($127.7 million), a 32.6% improvement over the €132 million deficit it incurred in the year-ago period. The carrier noted that the narrowing of its deficit was achieved “despite the additional costs estimated at more than €100 million” related to the increased price of fuel, its fleet development, the impact of the unrest in the Middle East and the earthquake in ...

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