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.
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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