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Alitalia expects to break even on an operating level in 3Q2009

28-Oct-2009 12:38 PM

Alitalia CEO, Rocco Sabelli, stated the carrier expects to be close to break even on an operating level in 3Q2009, stating, ''I believe that we will achieve our little dream of breaking even'' (ANSA, 27-Oct-2009). The carrier will present its 3Q2009 results to the company’s Board on 05-Nov-2009. Mr Sabelli added that "joining forces" with Air France-KLM, which acquired a 25% stake in the 'new Alitalia', ''was the best thing we could have done". He added, "we have an open relationship where there is reciprocal confidence and which is producing results''.

Alitalia: “We can look ahead with a less apprehension to the fourth quarter, which is traditionally a difficult period for all airlines and this year is expected to be even worse due to the global economic downturn,” Rocco Sabelli, CEO. Source: ANSA, 27-Oct-2009.