Air Transport World

Alitalia.(Europe report)(Brief Article)

Alitalia reported a 510.6 million [euro] loss before extraordinary items and taxes for 2003 compared to a 260.5 million [euro] loss on a similar basis in 2002. Operating loss totaled 373.4 million [euro] versus a deficit of 118.5 million [euro] in the previous year. Full-year revenues fell 9% to 4.32 billion [euro]. It posted a 146 million [euro] ($180.5 million) loss before extraordinary items and taxes for the fourth quarter, improved slightly from a loss of 168 million [euro] in the year-ago period. …

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