Air Berlin reveals loss of €115.9 million as IPO approaches
Air Berlin suffered a net loss of €115.9 million ($140.3 million) in 2005, up from €2.9 million in 2004, largely owing to €100 million in one-time charges stemming from debt revaluation and deferred taxes, according to Reuters. The airline flew 13.5 million passengers last year, up 12.5%. CEO...
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