Air Berlin reported a 2006 net profit of €50.1 million ($65.9 million) yesterday, a dramatic reversal from the €115.9 million loss in 2005 (ATWOnline, April 12, 2006). "Despite the costs of going public and the integration of dba. . .our net profit even exceeded the expectations of most analysts," AB CEO Joachim Hunold said. Sales rose 28.6% to €1.57 billion and operating income was €64.1 million compared to a €5.5 million loss in the prior year. The carrier ...

Subscribe to Access this Entire Article

"Printer-friendly" 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?

Already registered? here.