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Air Berlin wants to expand its activities

Berlin, Germany - The carrier will launch on the share market an Initial Public Offering

Air Berlin will launch, before of the start of the Football World Championships of Germany 2006, an Initial Public Offering (IPO) to increase its liquid asset to expand its activities. The low-cost carrier has to face the strong competition of Ryanair and easyJet, for the international flights, and of Lufthansa and Condor for the domestic routes. Last year the airline had a net loss of EUR 115.9 million...

AVIONEWS - World Aeronautical Press Agency - 139162

AVIONEWS - World Aeronautical Press Agency
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