Air Berlin's Expansion Plans Appear Shaky Following Disappointing IPO
Credit: KEITH GASKELL
Air Berlin is continuing its quest to become a true low-cost airline following this month's launch of an initial public offering. Air Berlin's stock was traded for the first time on May 11 with an initial share price of 12 euros ($15.34) and gained about 5% that morning. The stock has since dropped...
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