Air Berlin (AB) reported a 2011 net loss of €271.8 million ($358.2 million), widened from a net deficit of €97.2 million in 2010.
Air Berlin 737-800. Courtesy, AB Air Berlin (AB) reported a 2011 net loss of €271.8 million ($358.2 million), widened from a net deficit of €97.2 million in 2010 (ATW Daily News, March 28, 2011). The carrier will formally join oneworld Tuesday in a ceremony at Berlin Brandenburg Airport (ATW Daily News, Feb. 3). In explaining the deepened 2011 loss, the carrier cited taxes, high fuel prices, Europe's severe winter, the Arab Spring and air traffic control strikes and ...
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