Soaring fuel prices clip Air Berlin’s wings
Sunday, June 22nd, 2008FRANKFURT (AFP) — Air Berlin’s spreading wings have been clipped badly by soaring fuel prices and a series of austerity measures may not suffice to keep the German low-cost carrier in the air, analysts say. From November, the second-biggest German airline behind Lufthansa will trim its fleet by 10 percent, cut long-distance services by nearly […]