AB1.DE - Air Berlin PLC

XETRA - XETRA Delayed Price. Currency in EUR
0.033
0.000 (0.000%)
At close: 5:35PM CEST
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Previous Close0.033
Open0.030
Bid0.000 x 79000
Ask0.000 x 125600
Day's Range0.030 - 0.034
52 Week Range0.024 - 1.395
Volume115,800
Avg. Volume312,927
Market Cap3.85M
Beta0.62
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Financial Times10 days ago

    [$$] Lufthansa: well grounded

    The notion of a 28-hour working week and hefty pay rises sounds outlandish in Germany, land of punctilious productivity. But unions are serious about demanding a bigger share of the country’s economic ...

  • Forbeslast month

    Why Ryanair Is Buying Into Niki Lauda's New Airline

    Ryanair has little experience investing in foreign airlines, so why is it pumping €100 million into a German carrier that hasn't even taken off yet?

  • Reuterslast month

    Ryanair to buy Niki Lauda airline in challenge to Lufthansa

    BERLIN/DUESSELDORF, Germany (Reuters) - Ryanair has agreed to buy a majority stake in the new Austrian leisure airline founded by former motor racing champion Niki Lauda in a major push on the German and Austrian markets dominated by Lufthansa. The Irish airline, Europe's largest low-cost carrier, has agreed to buy an initial 24.9 percent stake in Vienna-based Laudamotion, formed out of insolvent carrier Niki, formerly part of Air Berlin. Ryanair will lease Laudamotion six crewed planes to increase its fleet to 21 planes this summer and to 30 planes within three years.

  • Reuterslast month

    Ryanair to buy Niki Lauda airline in challenge to Lufthansa

    BERLIN/DUESSELDORF, Germany, March 20 (Reuters) - Ryanair has agreed to buy a majority stake in the new Austrian leisure airline founded by former motor racing champion Niki Lauda in a major push on the German and Austrian markets dominated by Lufthansa. The Irish airline, Europe's largest low-cost carrier, has agreed to buy an initial 24.9 percent stake in Vienna-based Laudamotion, formed out of insolvent carrier Niki, formerly part of Air Berlin.

  • Ex-race ace Lauda's reclaimed, rebranded airline targets 2019 profit
    Reuterslast month

    Ex-race ace Lauda's reclaimed, rebranded airline targets 2019 profit

    Niki Lauda aims to turn a profit from next year with Laudamotion, the airline he has rebranded after buying it back from insolvent Air Berlin, the ex-motor racing champion said on Friday. The former Niki airline, which he founded in 2003, will begin operations under its new name on March 25 with six leased aircraft. The three-times Formula One champion pipped British Airways owner IAG (ICAG.L) to win the bidding for Niki in January, initially investing around 50 million euros (£44.09 million) and then more to relaunch operations.

  • Some holders of Etihad-linked $1.2 billion bonds brace for default: sources
    Reuterslast month

    Some holders of Etihad-linked $1.2 billion bonds brace for default: sources

    Some holders of $1.2 billion in bonds linked to Etihad Airways are seeking to appoint legal advisers to evaluate their options with respect to a potential default of the notes, sources familiar with the matter said. Etihad issued the bonds in 2015 and 2016 through an Amsterdam-based special purpose vehicle, called Equity Alliance Partners (EAP). The proceeds were used to enter into separate debt obligations with Etihad and airlines partially owned by the Abu Dhabi carrier at the time, including Alitalia and Air Berlin, both of which are now insolvent.

  • Lufthansa Sees Harder 2018 as Rivals Rush to Fill Air Berlin Gap
    Bloomberglast month

    Lufthansa Sees Harder 2018 as Rivals Rush to Fill Air Berlin Gap

    Deutsche Lufthansa AG cashed in on the collapse of national rival Air Berlin Plc last year, but warned that 2018 will be a whole lot tougher as foreign competitors target the German market.

  • Delta gets boost from Air Berlin collapse in Germany
    Reuterslast month

    Delta gets boost from Air Berlin collapse in Germany

    U.S. carrier Delta Air Lines (DAL.N) is picking up business on routes from Germany to the United States following the collapse of Air Berlin, executives said on Wednesday. "The capacity that was taken out by Air Berlin hasn't been filled entirely," Germany, Switzerland and Austria sales manager Thomas Brandt told Reuters at the ITB travel fair in Berlin. Brandt said load factors, a measure of how full planes are, had been "fantastic" and that Delta had upped the amount of flying it does from Duesseldorf, an Air Berlin hub, as a result.

  • Delta gets boost from Air Berlin collapse in Germany
    Reuterslast month

    Delta gets boost from Air Berlin collapse in Germany

    U.S. carrier Delta Air Lines (DAL.N) is picking up business on routes from Germany to the United States following the collapse of Air Berlin, executives said on Wednesday. "The capacity that was taken out by Air Berlin hasn't been filled entirely," Germany, Switzerland and Austria sales manager Thomas Brandt told Reuters at the ITB travel fair in Berlin. Brandt said load factors, a measure of how full planes are, had been "fantastic" and that Delta had upped the amount of flying it does from Duesseldorf, an Air Berlin hub, as a result.

  • Air Berlin creditors plan to sue Etihad for damages: source
    Reuterslast month

    Air Berlin creditors plan to sue Etihad for damages: source

    Creditors of insolvent Air Berlin (AB1.DE) have decided to sue former parent Etihad Airways for damages over its decision to withdraw funding in August, which sent Germany's second-largest airline into administration, a person close to the matter said. The creditors have asked the administrator to find a firm to finance the planned litigation, the person also said. Air Berlin and the administrator declined to comment.

  • Reuterslast month

    Air Berlin creditors plan to sue Etihad for damages - source

    Creditors of insolvent Air Berlin (AB1.DE) have decided to sue former parent Etihad Airways for damages over its decision to withdraw funding in August, which sent Germany's second-largest airline into administration, a person close to the matter said. The creditors have asked the administrator to find a firm to finance the planned litigation, the person also said. Air Berlin and the administrator declined to comment.

  • Reuterslast month

    Lufthansa's Eurowings in talks to lease planes from Niki Lauda

    Lufthansa's (LHAG.DE) budget carrier Eurowings is in talks with former motor racing champion Niki Lauda and others to lease planes and crew to reach a goal of growing its fleet to 210 planes, Eurowings' chief executive said on Tuesday. "Yes, we are also talking to Lauda about whether and to what extent he can provide us with capacity," Thorsten Dirks said. "There are many options," he added, but declined to say with which other parties Eurowings was in talks.

  • Reuters2 months ago

    Sale of Austrian airline Niki to Lauda has closed - insolvency manager

    FRANKFURT (Reuters) - The sale of insolvent Austrian airline Niki to former motor racing champion Niki Lauda closed on Wednesday, the insolvency manager Lucas Floether said. The assets of Niki Luftfahrt ...

  • Reuters2 months ago

    Airlines body eyes bankruptcy law review to reduce stranded passengers

    After some high-profile airline insolvencies in Europe last year, an industry trade body said countries should review bankruptcy laws to reduce the number of stranded passengers, but rejected the idea of a rescue fund to repatriate customers. Britain's Monarch and Germany's Air Berlin both went bust last year, but the process was very different. Air Berlin was able to keep flying for just over two months thanks to a government bridge loan while it sought buyers for its operations, but Monarch's right to fly was withdrawn immediately, leaving thousands of passengers stranded and staff abruptly out of work.

  • Reuters2 months ago

    Airlines body eyes bankruptcy law review to reduce stranded passengers

    After some high-profile airline insolvencies in Europe last year, an industry trade body said countries should review bankruptcy laws to reduce the number of stranded passengers, but rejected the idea of a rescue fund to repatriate customers. Britain's Monarch and Germany's Air Berlin both went bust last year, but the process was very different. Air Berlin was able to keep flying for just over two months thanks to a government bridge loan while it sought buyers for its operations, but Monarch's right to fly was withdrawn immediately, leaving thousands of passengers stranded and staff abruptly out of work.

  • Reuters2 months ago

    Model planes and chocolate hearts - Air Berlin surprised by auction success

    Defunct airline Air Berlin's first auction of assets drew almost 13,000 bids for items ranging from plane seats to chocolate hearts and model aircraft, the administrator said, with more lots still to go under the hammer. Lucas Floether declined to give the total amount raised by the first auction, citing legal restrictions, but said the auction website had received 1.2 million hits, with bids placed by buyers in 45 countries. The auction is the first of four to raise cash for creditors of Air Berlin, once Germany's second-largest airline, serving 30 million passengers a year, which filed for insolvency in August after years of losses and burdened by heavy debt.

  • Reuters2 months ago

    Ryanair prepares for new battle with pilots as profits rise

    Ryanair (RYA.I) warned its pilots it would face down "laughable demands" for conditions similar to high-cost rivals even if that meant strikes at Easter, overshadowing an increase in profit for Europe's largest budget airline. Profits rose by 12 percent in the three months to the end of December on an annual basis despite a turbulent period in which it had to deal with mass cancellations because of a shortage of pilots and the threat of strikes. Ryanair averted the threat of widespread Christmas strikes by unilaterally recognising unions in December for the first time in its 32-year history, but it has struggled to formalise relations since.

  • Reuters3 months ago

    Rivals expand to fill gap left by Air Berlin collapse

    Lufthansa (LHAG.DE) and low-cost rivals easyJet (EZJ.L) and Ryanair (RYA.I) have moved swiftly to offer more seats on German flights, meaning capacity will by next month be restored to the levels seen before the collapse of Air Berlin. The demise of Air Berlin, which served around 30 million passengers a year, meant the number of seats available on domestic German routes dropped by 1.2 million between October and December, equivalent to 21 percent of the market, according to data from the German aviation association BDL on Thursday.

  • Finnair CEO Says Focusing on Asia, Building on 2017 Growth
    Bloomberg Video2 months ago

    Finnair CEO Says Focusing on Asia, Building on 2017 Growth

    Feb.16 -- Pekka Vauramo, chief executive officer at Finnair, discusses fourth quarter results, the company's Asia strategy, European competition, and the impact of rising oil prices on the airline industry. He speaks on "Bloomberg Markets: European Open."