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Air Berlin PLC

EANS-Adhoc: Air Berlin PLC continues its consolidation course and outlines its earnings improvement program `shape & size´

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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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earnings improvement 'shape & size'

20.09.2011

Ad hoc Notification Pursuant to § 15 of the German Securities Trading Act (WpHG)


London, 20 September 2011 - Air Berlin PLC continues with the implementation of
its consolidation course and further outlines its earnings improvement program
`shape & size´.   The basis of the program is the improvement in processes and
the optimization of the entire organizational structure. 
A significant contribution is to be achieved through network and fleet
optimization. Air Berlin plans, inter alia, to reduce its current fleet of 170
aircraft to 152 in summer 2012.  With a reduction in flight hours of only four
percent productivity per aircraft will increase.   

With this package of measures Air Berlin intends to achieve an operating
improvement in results by Euro 200 million. 

In light of the actual, volatile, economic development, a statement with respect
to the further performance of the 2011 year is currently difficult to make.   

Air Berlin PLC will publish detailed information on the earnings improvement
program `shape & size´ on 21 September2011. This information will be available
on the Internet at ir.airberlin.com starting at 7:30 am (CEST).


Air Berlin PLC The Hour House 32 High Street Rickmansworth WD3 1ER Hertfordshire
Great Britain ISIN GB00B128C026, WKN AB1000, (Share) on the Frankfurt Stock
Exchange (Regulated Market, Prime Standard) ISIN DE000A0NQ9H6 (Convertible Bond
2007) Euro MTF Market on the Luxembourg Stock Exchange ISIN DE000A1ALH01
(Convertible Bond 2009) Open Market on the Frankfurt Stock Exchange ISIN
DE000AB100A6 (Bond 2010) and ISIN DE000AB100B4 (Bond 2011) each of both segment
Bondm of the open market on the Stuttgart Stock Exchange and Main Securities
Market on the Irish Stock Exchange


Further inquiry note:
Ingolf Hegner
Head of Investor Relations
+49 (0)30 3434 1590
 
ihegner@airberlin.com

end of announcement                               euro adhoc 
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issuer:      Air Berlin PLC & Co. Luftverkehrs KG
             The Hour House, High Street 32
             UK-WD3 1ER Rickmansworth, Herts
phone:       +49 (0)30 3434 1500
FAX:         +49 (0)30/3434-1049
mail:         abpresse@airberlin.com
WWW:         http://www.airberlin.com
sector:      Air Transport
ISIN:        GB00B128C026
indexes:     SDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, München 
language:   English

Original-Content von: Air Berlin PLC, übermittelt durch news aktuell

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