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4-Traders Homepage  >  Equities  >  Xetra  >  Air Berlin Plc    AB1   GB00B128C026

AIR BERLIN PLC (AB1)
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Air Berlin : Unacceptable for pilots to put Air Berlin fate at risk - minister

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09/13/2017 | 03:09pm CET
German Labour Minister Andrea Nahles reacts to questions of Reuters journalists in Berlin

German Labour Minister Andrea Nahles said on Wednesday it is "completely unacceptable" for pilots at Air Berlin (>> Air Berlin Plc) to put the airline's fate at risk by calling in sick in unusually high numbers.

German Labour Minister Andrea Nahles said on Wednesday it is "completely unacceptable" for pilots at Air Berlin (>> Air Berlin Plc) to put the airline's fate at risk by calling in sick in unusually high numbers.

Air Berlin, Germany's second-biggest airline, is set to be carved up, most likely among several buyers, with binding offers due this Friday.

"I think Air Berlin is in a decidedly difficult situation at the moment and the pilots, with their behaviour, are putting at risk a reasonable handover or sale. That is unacceptable," Nahles told Reuters in a television interview.

"And I say, quite clearly: 8,000 employees depend on this company. They should not be taken hostage to serve the interests of some pilots."

(Reporting by Holger Hansen; Writing by Paul Carrel; Editing by Madeline Chambers)

Stocks treated in this article : Deutsche Lufthansa, Air Berlin Plc
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Financials (€)
Sales 2017 3 114 M
EBIT 2017 -179 M
Net income 2017 -
Debt 2017 1 498 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 0,48x
EV / Sales 2018 0,46x
Capitalization 3,97 M
Chart AIR BERLIN PLC
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Mean consensus UNDERPERFORM
Number of Analysts 1
Average target price 0,01 €
Spread / Average Target -71%
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Managers
NameTitle
Thomas Winkelmann Chief Executive Officer & Executive Director
Gerd Becht Chairman
Oliver Iffert Chief Operating Officer
Courtelis Dimitri Chief Financial Officer
Joachim Edmund Hunold Co-Vice Chairman
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