AIR BERLIN - 1Q16 RESULTS
​In contrast of the growing European market recording yoy +5.4% in revenue passenger kilometres (RPK) and +4.5% in available seat kilometres (ASK), Air Berlin continued its network rationalization with a yoy decrease of -7.0% in RPK and - 7.2% in ASK. It contributed with the dispute about the approbation of codeshare and lower tourism traffic to a revenue decline of -7.1% yoy at €737m. Adjusted EBITDAR improved slightly to €5m compared to the -€27m last year due to a 4.2% yoy decrease in cost per ASK thanks to lower fuel prices.
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