Airberlin Reduces Net Losses in 1Q
2016-05-16Reading Time: 2 minutes Germany’s airberlin reported a first-quarter net loss of €182.3 million ($206.2 million), narrowed from a €210.1 million loss in the year-ago quarter. Airberlin said the 1Q results were heavily influenced by the “lengthy and detrimental codeshare debate” with equity partner Abu Dhabi-based Etihad Airways, which has a 29.21% stake in airberlin. “The protracted and damaging […]