Air Berlin shares up pre-bourse after report savings programme to begin soon

Air Berlin Profile

The report stated the programme - which Chief Executive Officer, Joachim Hunold, flagged up in May - will be launched soon. It gave no specific details.

Hunold said at the end of May Air Berlin will launch a cost-cutting programme sometime this year in the face of rising fuel costs, which, it warned, have made its full-year operating profit target "harder to reach".

Date posted: 18-Jun-08

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