Airplanes and finance. Alitalia (4) recorded June-October 2017: + € 73.9m EBITDA; - € 20.9m net result
Rome, Italy - The results explained by the commissioners during their hearing at the Chamber of Deputies
Alitalia’s Special Commissioners during the today’s hearing at the Chamber of Deputies have presented the performance of the administrative management in the period between 1 June and 31 October 2017. Total revenues amounted to € 1,432.9 million, the EBITDA was positive at € 73.9 million and the net result was negative by € 31.3 million. Excluding interest on the Government loan, the net result was negative by € 20.9 million. The Company’s cash flow was equal to € 845 million on 31 October, 2017. Additionally, it should be noted that the financial resources available are calculated net of the deposit paid to the IATA and worth € 118 million as well as the deposits placed with banks for hedging transactions for a total value of € 29 million. See for details AVIONEWS.
World Aeronautical Press Agency