Air Berlin exceeds 1Q efficiency program targets

Air Berlin (AB) said it has exceeded the first-quarter target set by its cost-cutting Shape & Size program and has increased its full-year target by €25 million ($31.3 million) to €225 million at the EBIT level ( ATW Daily News, May 18 ). CEO Hartmut Mehdorn said the airline has reduced costs...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.