Air Berlin reports reduced full-year loss
Air Berlin posted a €9.5 million ($13 million) loss in 2009, narrowed from a restated €83.5 million deficit in 2008, it reported in a preliminary earnings statement. Germany's No. 2 airline said full-year revenue dropped 4.4% to €3.24 billion and operating expenses were cut 6.2% to €2.78 billion. It...
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