- Air Berlin wants to concentrate on the locations in Berlin and Düsseldorf, and in the Premium Segment of the establish.
- The group has written in years of high losses, and since 2006, the year of the IPO, only a single Time for a profit.
- in 2012, took Etihad Airways for a share of 29.2 percent of the Airline, and had since then to shoot far more than a billion euros.
The a difficult time financially ailing airline Air Berlin is split into three parts. The company announced on Wednesday evening, a total of about 70 aircraft in the future for the Lufthansa subsidiary, Eurowings, as well as in a separate company for holiday flights. Air Berlin wants to concentrate on the locations in Berlin and Düsseldorf, and in the Premium Segment to establish. Up to 1200 of 8600 jobs are to be lost through the conversion.
Air Berlin has written in years of high losses, and since 2006, the year of the IPO, only a single Time for a profit. Germany’s second largest Airline is trying to grow with the help of the Acquisitions of LTU and DBA strong and to make Lufthansa competition. In 2012, Etihad Airways took a share of 29.2 percent of the Airline, and had since then, shoot more than one billion euros, in order to keep Air Berlin alive. The losses could no longer contain Air Berlin, but not the least.
“By the ever-increasing market pressure, we see ourselves forced to change our existing complex business model,” says company chief Executive Stefan Pichler. He had proposed a year ago, it’s own reorganization plan, but failed at the resistance of the main shareholder Etihad. His whereabouts in the company is unclear.
As in the SZ-Monday edition reported that plans for Air Berlin to lease 40 aircraft with crews to Lufthansa. The contract should be valid, so both sides now divided, for a period of six years. 35 machinery in the future will fly on behalf of and in the colors of the low-cost subsidiary Euro wings, five to be stationed for Austrian Airlines in Vienna.
This would make Air Berlin, in Austria, in Vienna, the subsidiary FlyNiki is located. According to Lufthansa, the lease to market rates “- and the competition will be agreed on terms” – the negotiations are not completed. The business must agree to in addition, the German competition authorities. Into force of the agreement shall occur only to the summer flight schedule in 2017, so at the end of March.
Air Berlin will in future operate only 75 machines in-house
Air Berlin also confirmed that she wants to take in the tourist business, with approximately 35 aircraft in a separate unit. For this strategic information should be reviewed”.” According to SZ information, the company is negotiating with the tourism group TUI, to establish a joint airline. This is also Air Berlin could be involved-shareholders Etihad.
Air Berlin will in future operate only 75 machines in-house, including 17 Langstreckenjets. The Airline intends to fly from Düsseldorf and Berlin in “profitable markets”. “A leaner, more dynamic and stronger Air Berlin is ready for the future,” believes Pichler.
It have a lot of company connoisseur strong doubts, because the basic problems such as the high debt burden and high operating cost. They also believe that the strategic Plan for the remainder of the Air Berlin is based on unrealistic assumptions. Among other things, this assume, on the TRANS-Atlantic significantly higher prices for routes to be able to generate, and to achieve with an Alliance partner, Alitalia significant synergies.
The tag do, Pichler, the job cuts inevitable. Air Berlin wool make it possible for many employees to make a voluntary exit and the number of the operation to minimize redundancies. In particular, the management is affected by the Demolition work, the flying personnel of which seem to be largely unaffected.
The Lufthansa allows for the Acquisition of Air Berlin aircraft, Eurowings to become the third largest to make low-cost airlines in Europe. Especially Lufthansa looks forward to the growth of Ryanair and Easyjet in the German market.