Alitalia upbeat about rest of year and 2013 despite big losses
Alitalia doubled its losses in the first half of 2012 compared with the same period last year. But the Italian carrier believes it has reason for hope, although profits are likely to be elusive this year. CEO Andrea Ragnetti says it has been “one of the most difficult semesters in the European airline business ever, but the worst is behind us.” Alitalia expects to rebound in the second half of the year and into 2013; but for the first half, it tallied net losses of €201 million ...
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