Brief: Aeroporto Di Bologna FY Net Loss Shrinks To EUR 6.7 Mln

Aeroporto Guglielmo Marconi di Bologna SpA

14/03/2022 17:53

March 14 (Reuters) - Aeroporto Guglielmo Marconi di Bologna
SpA  ADB.MI :
    * FY REVENUE EUR 58.5  MILLION VERSUS EUR 67.5 MILLION YEAR
AGO
    * FY NET LOSS EUR 6.7 MILLION VERSUS NET LOSS EUR 13.6
MILLION
YEAR AGO
    * REPORTS PASSENGER TRAFFIC UP 63.7% VERSUS YEAR AGO, BUT
STILL
DOWN (-56.4%) COMPARED TO 2019 DUE TO EFFECTS OF PANDEMIC
    * SAYS CURRENTLY CONNECTIONS FROM BOLOGNA TO KIEV, LVIV AND
ODESSA
IN UKRAINE, CHISINAU IN MOLDOVA  AND MOSCOW IN RUSSIA ARE
SUSPENDED DUE TO WAR-RELATED REASONS
    * SAYS CURRENTLY DIFFICULT TO ESTIMATE IMPACT OF
RUSSIA-UKRAINE
CONFLICT ON RECOVERY TREND OF AIR TRAFFIC
    * OUTLOOK FOR 2022 REMAINS HIGHLY UNCERTAIN, AT PRESENT
THERE IS A
GENERAL AGREEMENT ON HYPOTHESIS OF COMPLETE RECOVERY OF
PRE-COVID19 TRAFFIC NOT BEFORE 2024-25

Further company coverage:  ADB.MI 

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