CEO: Airberlin at 80% of cost-savings target for 2013

Credit: By Kurt Hofmann
Airberlin, which set a €200 million ($265.1 million) cost-cutting goal for 2013, is 80% there, CEO Wolfgang Prock-Schauer told ATW on the sidelines of the International Symposium of the Austrian Aviation Association in Vienna. The carrier is going through a Turbine restructuring program to save €450...

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