Air Berlin plunges to €75 million loss but secures new investors

Air Berlin yesterday reported a €75 million ($99.6 million) loss for 2008, reversed from a €21 million surplus the prior year, but buttressed its long-term future with the sale of a 15.3% stake to Turkey's ESAS Holding and a share swap with TUI Travel's TUIfly. ESAS, which operates Istanbul Sabiha...

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