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Alitalia recorded from June to October 2017: + € 73.9 million EBITDA; - € 20.9 million net result

Alitalia’s Special Commissioners during the today’s hearing at the Chamber of Deputies have presented the performance of the administrative management in the period between 1 June and 31 October 2017.

As shown in the tables attached, total revenues amounted to € 1,432.9 million, the EBITDA was positive at € 73.9 million and the net result was negative by € 31.3 million. Excluding interest on the Government loan, the net result was negative by € 20.9 million.

The Company’s cash flow was equal to € 845 million on 31 October, 2017. Additionally, it should be noted that the financial resources available are calculated net of the deposit paid to the IATA and worth € 118 million as well as the deposits placed with banks for hedging transactions for a total value of € 29 million.