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03 April 2020 The on-line newspaper devoted to the world of transports 21:01 GMT+2



August 13, 1998

Italia loses on operations, gains on revenue

ITALIA di Navigazione has recorded an operating loss of lira 29 billion (US17 million) for 1997, compared with a loss of lira 14 billion the previous year.

However, the state-owned Italian shipping line and sister company of Lloyd Triestino reported a net profit of lira 2 billion in 1997, while only breaking even in 1996. Last year's profit was attributed ......
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