Wednesday, 19 February 2020

Alitalia sees a growth passengers and revenue in January

Photo Alitalia 
The growth in passenger traffic revenues and the number of travellers carried by Alitalia last year also continues in the first month of 2020.

The Italian company reported revenues of 180.35 million euros in January this year, an increase of 4.1% compared to the same month in 2019 (and 8.2% on January 2018), in the face of a 4.2% decrease in capacity offered. This is good news for the financially troubled carrier that faces an uncertain future, although the recent demise of rival airline Air Italy, has given the state-funded carrier some breathing space. 

The results were also positive as regards the number of passengers transported, which in January 2020 rose by 2.9% compared to the same month of the previous year. Overall, 1,480,504 passengers flew with Alitalia in the first month of this year, with a load factor of 74.4%, an increase of 3.7 percentage points compared to January of last year .

The overall results continue to be positively influenced by the performance of the intercontinental segment which, in January, reaches the twenty-seventh consecutive month of increase in turnover. In the first month of 2020, Alitalia recorded an increase in long-range revenues of 5.3% on January 2019 (and 11.7% on the same month of 2018).

The number of passengers transported on intercontinental routes also grew - which in January was about 200 thousand -, an increase of 1.1% compared to the same month in 2019 (and 3.5% on January 2018).

The revenues related to the cargo sector show an increase of 4% in January 2020 compared to the same month of 2019, a figure that goes against the difficulties of this segment highlighted by analysts.  

Recommended for you...

No comments: