Airberlin looks to reduce costs up to $335 million a year

Airberlin (airberlin.com) (Berlin) is on target to post a record loss for this year, probably twice the loss in 2010. The company last turned a profit in 2007. According to this report by Reuters, the company will be attempting to slash costs up to $335 million a year as it hopes to return to profitably hopefully in 2013.

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Copyright Photo: Arnd Wolf.

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About Bruce Drum

I have started the ultimate digital photo library of the fascinating world of airliners and airlines. The goal is to have the complete history of all airlines and the various aircraft operated. I have been photographing airplanes since 1965. Join us in this adventure.