Air Transport World

Alitalia Group. (Europe Report).(had net profit of 93 mil euros in 2002)(Brief Article)

Alitalia Group posted a net profit of [euro]93 million ($101.6 million) for 2002 owing to extraordinary items in the amount of [euro]389 million, including [euro]266 million from arbitration proceedings against KLM. Consolidated net loss in 2001, including restructuring charges, was E907 million. The 2002 net loss before extraordinary items and taxes was [euro]260 million, an improvement of E66 million on the prior year. Revenues decreased 9% to [euro]4. …

Log in to your account to read this article – and millions more.