A new crisis at Alitalia as its loss for 2012 widens to almost $364 million and its new CEO departs

Alitalia (2nd) (Compagnie Aerea Italiana) (Rome) is again in financial turmoil. The flag carrier reported its loss for 2012 grew to $363.8 million from $89.6 million in 2011.

In addition, its new Chief Executive Officer (CEO) Andrea Ragnetti resigned after only one year on the job.

Read the full financial report from Alitalia: CLICK HERE

Read the analysis from Bloomberg: CLICK HERE

Alitalia (2nd):

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This entry was posted in Alitalia (2nd) and tagged 1354, A330, A330200, A330202, Airbus, Airbus A330, Airbus A330200, alitalia, Alitalia (2nd), aviation, Compagnie Aerea Italiana, EIEJP, MIA, Miami, transportation on March 1, 2013 by Bruce Drum.

About Bruce Drum

I have started the ultimate digital photo library of the fascinating world of airliners and airlines. The goal is to have the complete history of all airlines and the various aircraft operated. I have been photographing airplanes since 1965. Join us in this adventure.

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