Air Berlin first quarter loss widens

Premium Analysis

A difficult three months has seen another disappointing first quarter result for Air Berlin. The carrier reported an operating (EBIT) loss of EUR98.6 million, EUR11.3 more than the loss it reported in the same period in 2009. The carrier reported a pre-tax loss of EUR125.5 million, compared to the EUR118.6 million loss in 1Q2010.

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