Air Berlin's second-quarter net profit rose 38.3% to €8.3 million ($12.2 million) compared to €6 million in the year-ago period if the 2007 results of LTU, AB's acquisition of which was approved in last year's third quarter, are included. The company said the profit increase demonstrated the strength of its low-cost business model. "In light of the trying times that the airline sector is currently experiencing. . .we are pleased with our result," CEO Joachim Hunold said. "Despite ...

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