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ITA Airways Turns a Profit for 2025, Netting €209 Million

Heavy aircraft leasing costs still threaten lasting profitability.

Overview

  • ITA Airways, which released full-year 2025 results Wednesday after board approval on Tuesday, reported net income of €209 million on €3.2 billion in revenue.
  • Profitability metrics improved, with EBITDA at €404 million and EBIT at €25 million, and year-end cash rising to €639 million.
  • Management attributed part of the gain to early synergies with Lufthansa and end-of-year accounting effects from a weaker dollar on foreign‑currency debts and receivables.
  • CEO Joerg Eberhart called the result a turning point and said cutting aircraft leasing charges is essential for durable profits.
  • Operations faced EU conditions tied to the Lufthansa deal, groundings for Pratt & Whitney engine maintenance, and no U.S. partner, while the carrier flew 123,000 flights, carried 16.2 million passengers, and ended the year with 106 aircraft, 70% new‑generation.