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Last €1.14 EUR
Change Today -0.012 / -1.04%
Volume 20.6K
As of 6:56 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

air berlin plc (AB1) Snapshot

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08/22/14 - €1.60
52 Week Low
01/16/15 - €0.97
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air berlin plc (AB1) Details

Air Berlin PLC, together with its subsidiaries, operates as a scheduled airline carrier in Germany and internationally. Its route network connects approximately 213 destinations in 81 countries. The company operates a fleet of 149 aircraft. It has strategic partnership with Etihad Airways PJSC. Air Berlin PLC was founded in 1978 and is headquartered in Berlin, Germany.

9,155 Employees
Last Reported Date: 05/11/15
Founded in 1978

air berlin plc (AB1) Top Compensated Officers

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Executives, Board Directors

air berlin plc (AB1) Key Developments

Air Berlin Announces Executive Appointments

Air Berlin has made two new appointments as part of the company's restructuring, gaining two internationally experienced airline industry executives on its management team: Desi Barkhuizen and Ole Orver will take the positions of Senior Vice President Revenue Management & Pricing and Senior Vice President Network Strategy Planning. Effective July 01, 2015, Desi Barkhuizen will rejoin airberlin as Senior Vice President Revenue Management & Pricing, reporting directly to the COO, Julio Rodriguez. She served previously at airberlin as SVP Revenue Management & Pricing on secondment from Etihad Airways from September 2012 to September 2013. Desi joins airberlin from Etihad Airways where she held the position of VP Revenue Management for the past five years. Also effective July the management team will be complemented by Ole Orver, the new Senior Vice President of Network Strategy Planning, who until further notice reports directly to the CEO. Orver was most recently Senior Vice President Corporate Planning at Qatar Airways, and previously held various management positions at LOT Polish Airlines and the SAS Group.

Air Berlin PLC Reports Traffic Results for the Month and Year to Date Ended May 2015

Air Berlin PLC reported traffic results for the month and year to date ended May 2015. For the month, the company reported number of passengers of 2,843,258. ASK decreased by 7.4% to 5.117 billion, due to selective capacity adjustments. In comparison with May 2014, the capacity utilization (RPK/ASK) over the entire flight route network developed in an especially positive manner and increased by 1.8% to 81.3%. For the year to date, the company reported revenue passenger kilometers within the first five months of 2015 decreased by a mere 1.1% to 17.677 billion against 17.877 billion a year ago. The available seat kilometers were reduced by 1.9% to 21.478 billion against 21.889 billion a year ago.

Air Berlin PLC Announces Group Earnings Results for the First Quarter of 2015

Air Berlin PLC announced group earnings results for the first quarter of 2015. For the quarter, the company realised group revenue of EUR 793.7 million as compared to EUR 761.8 million in the first quarter of 2014. The operating loss (LBIT) amounted to EUR 159.9 million in the first quarter of the current year as compared to EUR 182.8 million in the prior year's quarter. Compared to the same quarter of the previous year, LBITDAR increased from EUR 37.0 million to EUR 13.9 million. The financial loss in the first quarter of 2015 amounted to EUR 52.3 million as compared to EUR 30.5 million in the previous year's first quarter. Pre-tax loss amounted to EUR 212.2 million after EUR 213.4 million in the same quarter of the previous year. The net loss amounted to EUR 210.1 million after EUR 209.8 million in the first quarter of 2014. Loss per share amounted to EUR 1.85 compared with EUR 1.80 in the first quarter of 2014 (basic and diluted).


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