Air Berlin CEO: Rebound from April airspace closures 'slower than expected'

Air Berlin CEO Joachim Hunold told ATW the carrier has rebounded "slower than expected" from April's volcanic ash-related airspace closures in Europe, which cost it "about €40 million" ($50.6 million) in lost revenue and forced the cancellation of "3,625 flights, resulting in a loss of 600,000 seats...

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