Alitalia net loss soars to €812 million in 2004
Alitalia posted a record net loss of €812 million ($1.02 billion) in 2004 against a net loss of €519.7 million in 2003, owing primarily to €308.6 million in restructuring charges. Operating loss widened to €412.4 million from €384.15 million as revenue fell 5.8% to €4.07 billion, with passenger...
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