Air Berlin’s net loss narrows in 2009; Reduces B787 orders as part of efforts to gain higher earning

Partly thanks to profits on a convertible bond transaction, Air Berlin narrowed its net loss to EUR22 million in 2009, a considerable improvement from a EUR70 million net loss in 2008, as it reduced operating expenses by 5.0%, exceeding the 4.4% revenue reduction in the period (following growth of 33.6% in 2008 and 61.0% in 2007). The carrier stated 2009, which it had labelled “annus horribilis”, did not end as dramatically as many feared, turning out to be a “year of recovery”, enabling the carrier to maintain and achieve its forecast and report improving operating results in 2009.

This CAPA Premium Analysis article is 3,287 words.

To access CAPA Premium Analysis you need a CAPA Membership

Your window into the latest insights

CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.

Big picture strategic view

Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.

Global intelligence

The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.

Customise your Alerts

CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.

I'm very impressed by the factual and detailed analysis CAPA is always doing.

- CEO, Airline Member
To learn more, contact us:
Phone: +61 2 9241 3200 | Email: membership@centreforaviation.com