Declining revenues hit Alitalia Q3 profits; board chairman to resign

Credit: Courtesy, Airbus
Alitalia reported a net profit of €7 million ($9.4 million) for the third quarter ended Sept. 30, down 74% from €27 million during the year-ago period. The airline said the results were affected by a decrease in passenger traffic revenues. Operating profit for the quarter was also down to €36...

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