Air Berlin narrowed its first-quarter net loss to €59 million ($92.5 million) from €66.4 million as rising sales and hedges helped offset the "significant" jump in fuel costs. Sales revenue for the group, which includes LTU and Belair, rose 4% to €654.5 million and its operating loss of €67.7 million represented a 20% improvement from an €85 million deficit in the year-ago period. AB said the revenue increase was "a result of the strong growth in the sale of ...

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