Air Berlin lost €88.4 million ($123.4 million) in the first quarter, widened 48.3% from its €59.6 million deficit in the year-ago period, although revenue and yield rose and its impending partnership with TUIfly appears to be on the verge of being finalized. CEO Joachim Hunold told ATWOnline yesterday in Salzburg that AB hopes to secure approval from European competitoin authorities for the tie-up this summer, with flights targeted to begin Nov. 1. AB and TUIfly reached a deal in ...

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