23-May-2011 10:16 AM
Air Berlin 1Q loss widens on North Africa, fuel concerns
Analysis
Air Berlin, Germany second-largest and Europe's sixth largest airline, reported a net loss of EUR102.6 million for 1Q2011 on the back of falling traffic in key markets and a spike in jet fuel prices in the quarter. Like its "disappointing" 2010, the carrier continues to be affected by the recurrence of "non-recurring" events.
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