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ALITALIA'S FIRST HALF OF THE YEAR REPORT CONFIRMED $150 MILLION LOSS FOR FUEL PRICE

ROME, Fuel price and dollar exchange rate are confirmed to be the main reasons of Alitalia's crisis. The official Alitalia report, approved by board of directors, confirms the loss of about $180 million againsts $71 million profit in 1999. The national airlines hopes to balance the budget of this year by special contributions. The company itself reported that the rise of fuel price will have...

AVIONEWS - World Aeronautical Press Agency - 1944
Rome, Italy, 09/13/2000 16:06
AVIONEWS - World Aeronautical Press Agency

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