Air Berlin results highlight Ryanair's difficult market

Below expectation financial results from a competitor have dampened expectations on Ryanair for at least one analyst.

16th March, 2012
Air Berlin results highlight Ryanair's difficult market
The market has overestimated Ryanair's pricing power, says one analyst.

Below expectation financial results from a competitor have dampened expectations on Ryanair for at least one analyst.

Air Berlin reported full year results below expectations. Although revenue rose 9.8 per cent to €4.2 billion, in line with expectations, the German airline’s operating loss came in at €247 million.

Air Berlin management flagged how difficult economic environment across Europe is impacting its business and the company plans to reduce the number of seats by 5...

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