Airberlin reported a first-quarter net loss of €209.8 million ($288 million), widened from a net loss of €196.3 million in the year-ago quarter. First-quarter operating loss was €182.8 million, narrowed from an operating loss of €188.4 million in the year-ago period. Group revenue fell to €761.8 million, down 3.8% year-over-year, which the company attributed to the shift of Easter business to April. The airline said favorable cost development created a slightly ...

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