Air Berlin Airy Berlin

It will take persuasiveness and ambition to sell Air Berlin’s initial public offering to the market. Joachim Hunold, the low costs carrier’s charismatic chief executive, has just this. He’ll need it. Air Berlin is less profitable than its bigger European rivals, Easyjet and Ryanair. It booked losses in the past two years. The business is heavily reliant on domestic fights and holiday travel to Majorca. And its boss has been criticised by the German media for his lack of transparency with regard ...