Airberlin Airbus A330-200
Airberlin, which announced a net loss of €315.5 million ($437 million) for 2013, will reduce capacity 20% on its Spanish domestic routes, one of its main markets. CEO Wolfgang Prock-Schauer told reporters and analysts at airberlin’s results conference that there are no more taboos in restructuring the carrier and the airline must decide if its current business model is still the right one to bring it back to sustainable profitability. Prock-Schauer added that Palma de ...
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