Air Berlin Q1 losses widen on restructuring charges

Credit: By Kurt Hofmann
Air Berlin reported a first-quarter net loss of €196.3 million ($254.8 million), widened from a €163.6 million loss in the year-ago period. The airline said the results were due to one-off charges; however, its Turbine restructuring program is beginning to yield results. “The figures and results of...

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