Last €1.52 EUR
Change Today -0.022 / -1.42%
Volume 379.8K
As of 9:46 AM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

air berlin plc (AB1) Snapshot

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03/20/14 - €2.44
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08/8/14 - €1.12
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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.

8,694 Employees
Last Reported Date: 05/15/14
Founded in 1978

air berlin plc (AB1) Top Compensated Officers

Chairman of The Management Board, Chief Execu...
Total Annual Compensation: €708.0K
Chief Financial Officer and Member of Managem...
Total Annual Compensation: €875.0K
Compensation as of Fiscal Year 2013.

air berlin plc (AB1) Key Developments

Air Berlin PLC Announces Earnings Results for the Second Quarter Ended June 30, 2014

Air Berlin PLC announced earnings results for the second quarter ended June 30, 2014. For the period, the company has realized group revenue of EUR 1.146 billion in the second quarter of 2014 as compared to EUR 1.114 billion in the second quarter of 2013. The negative operating result (LBIT) amounts to EUR 6.9 million in the second quarter of the current year as compared to EUR 8.1 million in the prior year's quarter. Compared to the same quarter of the previous year, EBITDAR decreased from EUR 166.4 million to EUR 152.0 million. The financial result amounted to EUR 9.5 million as compared to negative financial results of EUR 17.7 million in the previous year. Pre-tax earnings in the second quarter 2014 amounted to EUR 2.6 million against pre-tax loss after of EUR 25.2 million in the same quarter of the previous year. The net result for the second quarter 2014 amounts to EUR 8.6 million against net negative result of EUR 38.0 million in the second quarter of 2013. Earnings per share in the reporting period based on an average number of 116,800,508 shares outstanding amounts to undiluted EUR 0.07 compared to loss per share EUR 0.33 in the previous year and diluted EUR 0.03 compared to loss per share of EUR 0.33 in the previous year. As of 30 June 2014, net debt amounted to EUR 707.7 million compared with EUR 796.0 million as at December 31, 2013.

airberlin Announces Executive Changes, Effective September 16, 2014

airberlin has appointed Aage Dunhaupt as senior vice president of communications, effective September 16, 2014. Mr. Dunhaupt will report directly to CEO Wolfgang Prock-Schauer. Aage Dunhaupt takes over from Uwe Berlinghoff, who is leaving airberlin after many years to take on new challenges. From 2007 to 2011 he was the Head of Corporate Communications for Europe, based in London - it was at this time that several major acquisitions took place in Austria, Belgium and the UK. Aage Dunhaupt began his career in 2001 as spokesman and later Director of International Communications with Lufthansa Technik in Hamburg.

airberlin Names Aage Dunhaupt as Senior Vice President Communications

On September 16, 2014, Aage Dunhaupt will become the new Senior Vice President Communications at airberlin. He will report directly to CEO Wolfgang Prock-Schauer. Until recently, Aage Dunhaupt was a member of the Lufthansa Passage Board, based in Frankfurt and responsible for product, sales and marketing communications, and also in charge of communications for the Lufthansa Group in south-east Europe, the Middle East and Africa.


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