Air Berlin contemplates more cuts

Air Berlin (AB) interim CEO Hartmut Mehdorn said the financially troubled carrier needs to be rebuilt quickly and is considering various measures. The Financial Times reported that the AB's business model could be significantly changed, including possible network and fleet adjustments. Mehdorn did not rule out job reductions among AB's 9,000 employees if necessary. AB has already committed to reducing its fleet by eight aircraft this year. A source close to the carrier told ATW ...