Alitalia posts a 1996 loss of 1.2 trillion lire

Alitalia posted a 1996 loss of 1.2 trillion lire (US$719 million), greater than its 1995 loss due to a restructuring charge of 901 billion lire ($539 million). The airline expects to break even by the end of 1997, a spokeswoman said. Revenue rose 3.3% to 7.8 trillion lire ($4.67 billion), passenger...

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