Air Berlin (AB) announced Wednesday the financially troubled carrier will reduce its fleet size by 10% as part of its Shape & Size program to improve earnings by €200 million ($273.2 million). By the summer of 2012, AB said it aims to cut its current fleet of 170 aircraft to 152 aircraft. “In this context, flight performance would only be lowered by 4%; productivity per aircraft would therefore be increased by approximately 200 hr. per year,” AB said in a ...

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