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Meridiana 2005 budget: EUR 2.4m profit

Olbia, Italy - EUR 380.5m revenues (+10.4%)

The Meridiana shareholders ordinary assembly approved 2005 budget. Compared to a EUR 13.9m loss in 2004, the Sardinian airline ends 2005 with a net profit of EUR 2.4m. Revenues reached EUR 380.5m, 10.4% booming, and operative cash flow was EUR 15.5m, while the previous year the carrier had registered -3.5m. Then the assembly renewed the Board of Directors, confirming Franco Trivi as President, Pietro...

AVIONEWS - World Aeronautical Press Agency - 144723

AVIONEWS - World Aeronautical Press Agency
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