Ay caramba ...
https://onemileatatime.com/air-italy-losses/?utm_source=BoardingArea&utm_medium=facebook
Air Italy has now reported their financial results for 2018, and they’re brutal. Air Italy has reported losses of 164.18 million EUR. You might be thinking to yourself “well, there are airlines that have lost a lot more than that.”
While that’s true, the losses are based on revenue of 283.76 million EUR. So their losses amounted to about 58% of their revenue. Ouch!
https://onemileatatime.com/air-italy-losses/?utm_source=BoardingArea&utm_medium=facebook