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Air Berlin expects stable yields in 2H2009; considering cancelling B787s, GOL to issue new shares

Analysis

Air Berlin's shares were weaker yesterday, down 2.5%, despite reporting a better-than-expected second quarter operating profit (+33% to EUR17.6 million). The carrier also stated it expects yield to remain stable in 2H2009 (yield increased 13.4% in 1H2009).

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