airberlin achieves positive net result in 2Q2014, operating loss narrows

airberlin achieved (20-Aug-2014) positive net result in 2Q2014. Details include:

• Revenue: EUR1146 million, +2.9% year-on-year;
• Operating profit (loss): (EUR6.9 million), compared to a loss of EUR8.1 million in p-c-p;
• Net profit: EUR8.6 million, compared to a loss of EUR38.0 million in p-c-p;
• Load factor: 82.4%, -1.3 ppt;
• Revenue per ASK: EUR 7.16 cents, -0.6%;
• Cost per ASK: 7.24 cents, -3.7%;
• Cost per ASK excl fuel: EUR 5.50 cents, -2.8%. [more - original PR - English/German]

airberlin: "We were able to improve the net result and our operating result is looking better than it did a year ago, but this is not sufficient. We are determined to restructure airberlin to ensure the airline moves back to a sustainable profitability within three years," Wolfgang Prock-Schauer, CEO. Source: Company statement, 20-Aug-2014.