Last €1.22 EUR
Change Today +0.074 / 6.46%
Volume 984.6K
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air berlin plc (AB1) Snapshot

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03/20/14 - €2.44
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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 228 destinations in 84 countries. The company operates a fleet of approximately 140 aircraft with an average age of 5.4 years. It has strategic partnership with Etihad Airways P.J.S.C. Air Berlin PLC was founded in 1978 and is based in Berlin, Germany.

8,530 Employees
Last Reported Date: 11/14/14
Founded in 1978

air berlin plc (AB1) Top Compensated Officers

Chief Strategy & Planning Officer and Member ...
Total Annual Compensation: €708.0K
Compensation as of Fiscal Year 2013.

air berlin plc (AB1) Key Developments

Dr Alfred Tacke Joins the Board of Directors at Air Berlin

Dr Alfred Tacke (63) has come in to strengthen the Board of Directors at Air Berlin PLC with immediate effect. Heinz-Peter Schluter, Chairman of the Supervisory Board at Trimet Aluminium AG in Essen, joined the Board of Directors at Air Berlin PLC on 1 April 2008. He has stepped down from the board at his own request.

Air Berlin Announces Executive Changes

Air Berlin has named Arnd Schwierholz, who currently acts as deputy chief financial officer, CFO as of April 1. Current CFO Ulf Huettmeyer will join Etihad, major shareholder of Air Berlin.

Air Berlin PLC Reports Traffic Results for the Month of January 2015

Air Berlin PLC reported traffic results for the month of January 2015. For the month, the company again increased its number of available seat kilometers (ASK) and revenue passenger kilometers (RPK) in yearly comparison. The increase in available seat kilometers is due to the greater number of long-haul flights, especially to Abu Dhabi and the Caribbean. The available seat kilometers increased by 5.7% to 3,875.4 million. During the same period, the company recorded an increase in passenger kilometers to 3,035.7 million, that is an increase of 4.5%. Flight capacity utilization for January, a month which is traditionally plagued by weak demand, decreased by 0.9% points to 78.3%. In this context, capacity was reduced by 2.9% in comparison with the previous year, due to the optimization of the company's flight route network. In total, the company welcomed 1,695,371 passengers on board in January against 1,763,934 a year ago.


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