The sun spoils air Berlin the business

Sunny April and the aggressive price competition in the aviation industry spoiled the second quarter for the airline air Berlin. Under the line the airline earned 12.1 million euro, in the same previous year quarter was it still 30.1 million. At the stock exchange noted thereupon the share quotation of air Berlin yesterday scarcely over the level of the issue price of twelve euro occasionally noted the paper more than sieve per cent in the minus with 10,81 euro.

Sunshine lasting for weeks in Germany and continuous rains around the Mediterranean would have led at the beginning of the second quarter to proceeds decreases particularly for the airlines, which are active like air Berlin also in the routistic business, were called approximately it from the enterprise. Although the charter portion of air Berlin amounts to only 37 per cent of the conversion, the reservation decreases would have pierced with the tour operators fully on the enterprise. In addition, many of the otherwise usual spontaneous reservations were missing in April.