Air Berlin suffered a deepened €41.3 million ($55.6 million) net loss in the first quarter compared to a €31.1 million deficit in the year-ago period as it worked on integrating dba into its operation. AB acquired dba last summer for an undisclosed price (ATWOnline, Aug. 18, 2006) and said the recently completed quarter "progressed according to expectations." It pointed out that its first-quarter loss was an improvement from the combined €46.8 million that AB and dba lost ...

Subscribe to Access this Entire Article

"Air Berlin's heavy losses continue as it integrates dba" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.