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Sharp profit fall for Air Berlin

Berlin, Germany - Competition and weather conditions among the major causes

German carrier Air Berlin announced for the second quarter of 20076 a reduction of profit to EUR 12,1 million from 30,1 million in the same period of last year. Earnings before interest and tax (EBIT) dropped 47.4 percent to EUR 23,5 million. The announcement, made two days ago, has caused shares to lose 6.17 points, then partially regained. The airline declared however the intention to overcome...

AVIONEWS - World Aeronautical Press Agency - 1078602

AVIONEWS - World Aeronautical Press Agency
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