By Kurt Hofmann Air Berlin has raised its Turbine 2013 cost-cutting goal from €400 million ($534.9 million) to €450 million by the end of 2014. According to Air Berlin’s staff magazine, CEO Wolfgang Prock Schauer was quoted as saying, “It is necessary that all parts of the Air Berlin Group, from management to operations, are included with cost-cutting measures.” Air Berlin announced last month it would cut 900 jobs and reduce salaries as part of the ...

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