Airberlin improves 3Q EBIT, but axes 2013 target

Credit: By Rob Finlayson
Airberlin reported third-quarter earnings before interest and tax (EBIT) of €115.6 million ($154.5 million) up 14% from €101.2 million in the year-ago period. However, the airline said difficult market conditions have caused it to axe its target of reaching a positive EBIT for 2013. “We continue to...

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