euro adhoc: Air Berlin PLC & Co Luftverkehrs KG
Strategic management decisions
/ Air Berlin continues on its path to growth:
Large order for 85 Boeing 737
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
28.11.2006
Berlin, November 28, 2006 - In order to be able to keep up with its European competitors in the future, Air Berlin is ordering 60 Boeing 737-800 Next Generation jets. By awarding this large contract, Air Berlin is securing a favorable delivery price for the long term. The new planes are meant to replace expiring leasing contracts and to secure future growth. As was the case in the past, Air Berlin aims to renew its fleet every six to eight years in order to be able to deploy the least noise-polluting, and the most fuel-efficient and cost-efficient airplanes. Through this order, Air Berlin is renewing its strategic partnership with Boeing.
Since the acquisition of dba also included the purchase agreement for 25 Boeing 737, Air Berlin is expecting a total of 85 planes to be delivered between 2007 and 2014. The list price for the planes ordered amounts to approximately USD 5.7 billion, making it the largest order for B 737 planes in the history of German aviation. By the end of the 3rd quarter, Air Berlins fleet consisted of 62 planes; dba deployed 29 planes.
For more information on Air Berlins nine month result, please check out our website at www.airberlin.com under Investor Relations as of 10:00 a.m. (CEST).
end of announcement euro adhoc 28.11.2006 07:33:27
Further inquiry note:
Ingolf Hegner
Head of Investor Relations
+49 (0)30 3434 1532
ihegner@airberlin.com
Branche: Air Transport
ISIN: GB00B128C026
WKN: AB1000
Index: Classic All Share, Prime All Share, SDAX
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade