Air Berlin announced a €7.1 million ($10.2 million) second-quarter profit, down 9% from the €7.8 million achieved in the year-ago period, in a preliminary earnings statement released yesterday. Second-quarter revenue fell 3.8% to €836.2 million as the airline reduced capacity and operating profit rose 33.3% to €17.6 million from €13.2 million. The company expects to announce detailed results today. Last week AB placed a convertible bond worth €125 million ...

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