Air Berlin profit up 38%, sees further cost savings

Air Berlin profit up 38%, sees further cost savings August 28th, 2008 LONDON (MarketWatch) — Air Berlin said Thursday that its second-quarter net profit rose 38% to 8.3 million euros ($12.2 million) as revenue for the quarter grew 6.7% to 869.5 million euros. The group said earnings before interest and taxes fell to 13.8 million euros from 18.7 million euros due to the impact of transaction costs and consultancy fees related to the cancellation of the Condor acquisition as well as the high

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