Air Berlin Quarterly Loss Quadruples on Move to All-Leased FleetBy
Overcapacity, terrorism depressing prices in key summer months
Average fares charged in the quarter fell 5.8% to 109.39 euros
Air Berlin Plc, the German airline that’s 29 percent-owned by Etihad Airways PJSC, said its second-quarter loss widened as costs increased as the carrier switched to an all-leased fleet and the euro declined against the dollar.
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