Loading
28-Feb-2011 12:49 PM

Alitalia 2010 losses halved, targets operating break-even in 2011

Alitalia Group revenue up 14% - financial highlights for 12 months ended 31-Dec-2010:

  • Revenue: EUR3225 million, +14.1% year-on-year;
  • Operating profit (loss): (EUR107 million), compared with a loss of EUR274 million in p-c-p;
  • Net profit (loss): (EUR168 million), compared with a loss of EUR327 million in p-c-p;
  • Passenger numbers: 23.4 million, +7.4%;
  • Load factor: 70.5%, +5.5 ppts. [more]

Alitalia: “Despite recent fuel cost increase, a matter of great concern for the entire sector, Alitalia confirms its plan for an operating break-even in 2011,” Company statement. Source: Alitalia, 25-Feb-2011.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More