27-Aug-2010 3:37 PM
Air Berlin sees improved revenues and margins as demand and yields grow
Analysis
Air Berlin shares gained 2.1% yesterday as the carrier confirmed its 2010 outlook and stated it is expecting "improved revenue performance and in improving margin" in 2H2010, on improved demand and yields. The carrier added that recent acquisitions would offset losses due to the volcanic ash cloud disruption in 2Q2010.
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