Wednesday, March 14, 2012

Air Berlin May passenger levels down 8 percent

Germany's Air Berlin PLC said Thursday that its passenger levels fell 8 percent on the year in May as the global economic crisis crimped demand for travel.

Air Berlin, Germany's second largest airline after Deutsche Lufthansa AG, said it transported 2.5 million passengers last month, compared with 2.7 million in May 2008.

Capacity utilization, a measure of how full airplanes are, fell by 3.8 percentage points to 77 percent in May compared with the same month a year ago.

In a separate announcement …

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