Airberlin widens net loss in 1Q

Credit: Rob Finlayson
German leisure carrier airberlin reported a first-quarter net loss of €293.3 million ($315 million), widened from a €182.3 million net loss in the year-ago period as a result of turnaround measures. Revenue fell 11.9% to €649.6 million, while expenses increased 1.9% to €930.5 million, producing an...

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