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Meridiana in the red by almost 34 million Euros in Q1

Olbia, Italy - Overall revenue is decreasing

Meridiana Fly's balance is still deeply in the red, with losses that in the first quarter of 2013 topped 33,9 million Euros. The company communicated that the overall revenue diminished by 18.2%, whereas the net financial debt is 170.9 million Euros as of January 31, 2013. According to Meridiana, there is a state of uncertainty about the short-term recovery of consumption, and deems that 2013 will...

AVIONEWS - World Aeronautical Press Agency - 1151202
Rome, Italy, 04/05/2013 15:26
AVIONEWS - World Aeronautical Press Agency

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