Air Berlin PLC: Air Berlin and Deutsche Lufthansa group entered into a wet lease agreement relating to 38 Airbus A319 and A320 aircraft today
Air Berlin and Deutsche Lufthansa group entered into a wet lease agreement relating to 38 Airbus A319 and A320 aircraft today
Disclosure of inside information according to Article 17 of the Regulation (EU) No 596/2014 (Market Abuse Regulation, MAR)
London, 16 December 2016 - In connection with the restructuring of the Air Berlin group, Air Berlin PLC announces the execution of a wet lease agreement with the Deutsche Lufthansa group under which Air Berlin PLC & Co. Luftverkehrs KG will provide in total 38 A319 and A320 aircraft together with cockpit and cabin crew to Eurowings GmbH and Austrian Airlines AG.
Eurowings GmbH and Austrian Airlines AG will use the aircraft in accordance with their fleet and route planning and be responsible for the commercial marketing of the destinations served by these aircraft. The responsibility for the operation of the aircraft, the planning of the cockpit and cabin crew as well as the maintenance of the aircraft remain with Air Berlin PLC & Co. Luftverkehrs KG. The initial term of the agreement is six years. The phasing-in commences in February 2017.
The wet lease agreement is subject to clearance by the competent competition authorities.
Person making the notification: Maria Laubach, Vice President Financial Reporting Email: firstname.lastname@example.org
Air Berlin PLC c/o Browne Jacobson LLP, 6 Bevis Marks, Bury Court, London, EC3A 7BA, United Kingdom; ISIN GB00B128C026, WKN AB1000 (Share), Frankfurt Stock Exchange (Regulated Market, Prime Standard); ISIN DE000A0NQ9H6 (Convertible Bonds 2007), Euro MTF market of the Luxembourg Stock Exchange; ISIN DE000AB100B4 (Bond April 2011 and January 2014), Bondm segment of the open market of the Stuttgart Stock Exchange and Euro MTF market of the Luxembourg Stock Exchange; ISIN DE000A1HGM38 (Convertible Bonds 2013), Open Market Frankfurt Stock Exchange; ISIN XS1051719786 (EUR Bond May 2014), Euro MTF market of the Luxembourg Stock Exchange; ISIN XS1051723895 (CHF Bond May 2014), SIX Swiss Exchange and Euro MTF market of the Luxembourg Stock Exchange
16-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language: English Company: Air Berlin PLC 6 Bevis Marks, Bury Court EC3A 7BA London United Kingdom Phone: +49 (0)30 3434 159 0 Fax: +49 (0)30 3434 159 9 E-mail: email@example.com Internet: ir.airberlin.com ISIN: GB00B128C026, DE000AONQ9H6, DE000AB100B4, DE000A1HGM38, XS1051719786, XS1051723895 WKN: AB1000 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart; Luxemburg, SIX
End of Announcement DGAP News Service
529847 16-Dec-2016 CET/CEST