Ita Airways closes 2025 with first positive net result since inception at EUR 209 million
In the balance sheet, net profit improved by EUR 436 million over 2024 and for the second consecutive year positive EBIT of EUR 25 million (+ EUR 22 million over 2024).
Key points
Ita Airways ended 2025 with its first positive net result since inception, amounting to +€209m, an improvement of €436m compared to 2024. For the second consecutive year, the company posted a positive Ebit of 25 million (+22 million compared to 2024).
Reven revenues at 3.2 billion
In the consolidated financial statements for the financial year 2025 approved by the board of directors, total revenue amounted to EUR 3.2 billion, in line with the previous year, of which EUR 2.8 billion came from the passenger traffic business (+2.7% compared to 2024). Ebitda totalled 404 million euros, an improvement of 67 million euros over the previous year. The cash result was also positive, €639 million, €163 million higher than at the end of 2023.
ITA Airways operated more than 123,000 scheduled flights in 2025 (down 11 % from 2024) and carried 16.2 million passengers (down 8 % from 2024), with a load factor of 83.4 %, up 2.1 percentage points year-on-year.
Positive impact from first synergies with Lufthansa
In the press release, the company underlines the contribution of the first part of the synergies achieved with the Lufthansa Group, in a complex year characterised by a series of aspects with negative repercussions, starting from the "challenging geopolitical context", but also the impact of the remedies imposed by the EU Commission to approve Lufthansa's entry into the capital,the criticality linked to the availability of short-medium range aircraft subject to progressive shutdowns to carry out maintenance work on Pratt & Whitney engines. Without forgetting the weight of the absence of the commercial contribution of a partner carrier on the routes between Italia and the United States, the Company's first international market.
At the same time, in contrast to 2024, the results were influenced by the 'positive effects of the accounting adjustment of payables and receivables denominated in foreign currencies (mainly US dollars) at year-end exchange rates'.
