13-May-2010 12:46 PM

Alitalia revenue up 24%, operating loss narrows in 1Q2010

Alitalia reports the following financial highlights for the three months ended 31-Mar-2010 (Reuters, 12-May-2010):

  • Revenue: EUR639 million, +24.1% year-on-year;
  • Operating profit (loss): (EUR125 million), compared to a loss of EUR158.8 million in the previous corresponding period;
  • Load factor: 64.5%, +12.5 ppts;
  • On-time performance rate: 82.3%, +8.0 ppts.

The carrier has not revealed any expected impact from the disruptions due to the Icelandic ash cloud last month.