logo
Share SHARE
FONT-SIZE Plus   Neg

Air Berlin April Passengers Down - Quick Facts

Air Berlin Plc (AIBEF.PK), Germany's second-largest airline, reported that the number of passengers for the month of April declined 4.3 percent to 2.66 million passengers from 2.78 million passengers last year.

In monthly comparison, the company had reduced capacity by 6.7 percent in a targeted manner in the context of the efficiency-increasing program "Shape & Size".

Capacity utilization was 78.0 percent, an increase of 2 percentage points from the previous year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Coca-Cola Co. (KO) posted a profit for the second-quarter that increased 11 percent from last year, while net operating revenues declined 5 percent. It is targeting full-year 2016 net share repurchases of $2.0 billion to $2.5 billion. Cable television giant Comcast Corp. on Wednesday reported a 5 percent decline in profit for the second quarter from last year, as higher revenues at its Cable Communications segment were offset by an increase in expenses. However, both revenue and adjusted earnings per share for the quarter beat analysts' estimates. Shares of Deutsche Bank AG declined around 4 percent in the morning trading after the German bank reported Wednesday sharply lower profit in its second quarter with significant one-time charges as well as weak revenues. John Cryan, CEO, said,".. if the current weak economic environment persists, we will need to be yet more ambitious in the timing and intensity of our restructuring."
comments powered by Disqus
Follow RTT