Air Berlin has reported a €377 million loss ($458 million) in 2014, deepened 19% from a €315.5 million loss in the year-ago period. The airline said the results were due to highs costs of its Turbine restructuring program, which has delivered €400 million in savings. However, the German carrier said this savings was not enough, and tough competition in the European airline business put pressure on the results. Revenue rose 0.3 % to €4.16 billion, while the loss before ...

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