Alitalia narrows first-quarter loss

Alitalia reported a pre-tax loss of €147.5 million ($199.9 million) in the first quarter, down slightly from a €156.6 million deficit in the year-ago period. Operating revenues, including income generated through Volare Airlines, rose 7.4% to €1.06 billion, with passenger revenue up 8% to €824.8...

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