Air Berlin PLC said Thursday its earnings grew 43 percent in the third quarter as an efficiency program paid off, with sales rising even though passenger numbers decreased.
Air Berlin _ Germany's second-largest airline after Lufthansa _ said net profit in the July-September period rose to euro46 million ($59 million) from euro32 million a year earlier.
Air Berlin has moved to cut unprofitable routes. It said that meant the number of passengers carried in the third quarter declined to 8.6 million from 8.8 million a year earlier _ but sales still improved by nearly 9 percent, to euro1.06 billion from euro978 million.
The company said that revenue …
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