Alitalia (2nd) (Rome) is slipping again. The flag carrier’s first quarter first quarter net loss widened to $203 million, citing non-recurring items but did not provide the details.
Read the full report for the airline: CLICK HERE
Read the analysis by the Wall Street Journal: CLICK HERE
Update from Reuters: CEO Gabriele Del Torchio and board members have agreed to cut their salaries by 20 percent, while 2,200 ground staff will work five fewer days each month under a government-backed plan.
Copyright Photo: Ton Jochems/AirlinersGallery.com. Airbus A320-214 I-BIKD (msn 1457) taxies to the runway at Amsterdam.