Citing "the sluggishness experienced by the aviation industry in the 2nd quarter" and a "downturn in demand due to the weather and particularly noticeable in April," Air Berlin yesterday reported a €12.1 million ($16.5 million) profit that fell 59.9% from net earnings of €30.1 million in the 2006 June quarter. "Although we did not meet all expectations, we still created a solid base for further growth," CEO Joachim Hunold said. AB said "weeks of bright sunshine in Germany and ...

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