AGL 39.94 Decreased By ▼ -0.06 (-0.15%)
AIRLINK 129.04 Decreased By ▼ -0.02 (-0.02%)
BOP 6.85 Increased By ▲ 0.10 (1.48%)
CNERGY 4.68 Increased By ▲ 0.19 (4.23%)
DCL 8.60 Increased By ▲ 0.05 (0.58%)
DFML 41.00 Increased By ▲ 0.18 (0.44%)
DGKC 82.85 Increased By ▲ 1.89 (2.33%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 73.50 Decreased By ▼ -0.93 (-1.25%)
FFL 11.92 Increased By ▲ 0.18 (1.53%)
HUBC 109.40 Decreased By ▼ -0.18 (-0.16%)
HUMNL 14.26 Increased By ▲ 0.51 (3.71%)
KEL 5.25 Decreased By ▼ -0.06 (-1.13%)
KOSM 7.62 Decreased By ▼ -0.10 (-1.3%)
MLCF 39.20 Increased By ▲ 0.60 (1.55%)
NBP 64.44 Increased By ▲ 0.93 (1.46%)
OGDC 193.25 Decreased By ▼ -1.44 (-0.74%)
PAEL 25.69 Decreased By ▼ -0.02 (-0.08%)
PIBTL 7.35 Decreased By ▼ -0.04 (-0.54%)
PPL 153.89 Decreased By ▼ -1.56 (-1%)
PRL 25.45 Decreased By ▼ -0.34 (-1.32%)
PTC 17.40 Decreased By ▼ -0.10 (-0.57%)
SEARL 78.39 Decreased By ▼ -0.26 (-0.33%)
TELE 7.72 Decreased By ▼ -0.14 (-1.78%)
TOMCL 33.41 Decreased By ▼ -0.32 (-0.95%)
TPLP 8.39 Decreased By ▼ -0.01 (-0.12%)
TREET 16.40 Increased By ▲ 0.13 (0.8%)
TRG 56.60 Decreased By ▼ -1.62 (-2.78%)
UNITY 27.50 Increased By ▲ 0.01 (0.04%)
WTL 1.38 Decreased By ▼ -0.01 (-0.72%)
BR100 10,539 Increased By 94 (0.9%)
BR30 31,128 Decreased By -61.3 (-0.2%)
KSE100 98,577 Increased By 778.4 (0.8%)
KSE30 30,762 Increased By 281.2 (0.92%)

The Italian airline Alitalia which went into administration last May has seen a rise in passenger turnover for the second month in a row, one of its bosses said Sunday. The results prove the company "is on the right track," said Luigi Gubitosi, who was appointed by the government in May 2017 along with two others to steer the company then threatened with bankruptcy.
"We end the month of June with a growth of 10.6 percent in passenger numbers after a 7.6 percent growth in May," he told the Italian daily Corriere della Sera.
"Over the second quarter, earnings before interest, tax, depreciation and amortisation (EBITDA) will be balanced after a loss of 100 million last year."
The airline which employs more than 11,000 people has struggled to compete with low-cost European rivals.
It went into administration last May at the request of its shareholders after staff rejected job and salary cuts as part of a two-billion-euro ($2.4 billion) rescue plan.
It has been the subject of three offers, from German airline giant Lufthansa, another from US private equity group Cerberus, and a joint EasyJet-Air France bid.

Copyright Agence France-Presse, 2018

Comments

Comments are closed.