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Company Watch - Air Berlin.


Jul 9, 2007

Air Berlin Up On Talk Of Ryanair Interest Shares in German carrier Air Berlin jumped 8.7 percent in strong volume on Thursday on market talk of acquisition interest from Europe's largest budget airline Ryanair. Jul 5, 2007

Air Berlin is expecting 12% passenger growth to 6 million this year at its Spanish Spanish, river, c.150 mi (240 km) long, issuing from Spanish Lake, S Ont., Canada, NW of Sudbury, and flowing generally S through Biskotasi and Agnew lakes to Lake Huron opposite Manitoulin island. There are several hydroelectric stations on the river.  hub in Palma de Mallorca Palma is the major city and port on the island of Mallorca and capital city of the autonomous community of the Balearic Islands in Spain. It is situated on the south coast of the island on the Bay of Palma. . "Fifty percent of our passengers in PMI See Private Mortgage Insurance.  are transferring between our flights and Austrian partner Niki," an AB spokesperson said in Mallorca. AB's market share at PMI currently is 27%, while it holds 7% of the entire Spanish market. It established its PMI hub during the 1997-98 winter schedule. "We are the biggest non-Spanish carrier [in Spain] and the fifth-biggest carrier in Spain in terms of passengers," the spokesperson added. AB serves 18 destinations in Spain and Portugal and is exploring new markets on the Iberian Peninsula Iberian Peninsula, c.230,400 sq mi (596,740 sq km), SW Europe, separated from the rest of Europe by the Pyrenees. Comprising Spain and Portugal, it is washed on the N and W by the Atlantic Ocean and on the S and E by the Mediterranean Sea; the Strait of Gibraltar . This summer it operates 360 weekly flights from PMI to destinations throughout Europe and will add service to Saarbruecken and Basel in the coming winter season. Spanish authorities are investing [euro]54 million ($72.8 million) to expand PMI's Terminal C to 34 gates. It should be operational by fall and will be a "nearly" exclusive facility for AB. Jul 2, 2007

Air Berlin will buy or lease 25 Boeing 787-8s in a deal signed on July 7 that is worth $4 billion at list prices, representing the largest 787 order to date for a European European

emanating from or pertaining to Europe.


European bat lyssavirus
see lyssavirus.

European beech tree
fagussylvaticus.

European blastomycosis
see cryptococcosis.
 carrier. The deal also includes 10 options and 15 purchase rights for 787s for Air Berlin, which is Europe's third-largest low-fare carrier. Air Berlin's order was signed in Seattle on the eve On the Eve (Накануне in Russian) is the third novel by famous Russian writer Ivan Turgenev, best known for his short stories and the novel Fathers and Sons.  of the public debut of the first fully-assembled 787. The contract brings the twinjet's total firm orders to 677. Jul 8, 2007

Air Berlin Up On Talk Of Ryanair Interest. Shares in German carrier Air Berlin jumped 8.7 percent in strong volume on Thursday on market talk of acquisition interest from Europe's largest budget airline Ryanair. Air Berlin said it was not aware of any takeover interest from Ryanair. In May, the chief executive of Air Berlin said he was keeping an eye on the consolidating European airline market after snapping up German rivals recently to expand its network with domestic and intercontinental in·ter·con·ti·nen·tal  
adj.
1. Extending or taking place between or among continents: intercontinental exploration; intercontinental cooperation.

2.
 routes. The airline listed on the German stock exchange a year ago with an initial public offering priced at 12 euros a share. Jul 6, 2007

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Publication:Airguide Online
Date:Jul 9, 2007
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