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

Delayed Quote. Delayed  - 10/17 05:35:37 pm
0.162 EUR   +0.62%
04:02p EASYJET SEES NO : Ceo
03:06p AIR BERLIN : Eurowings sees 1 billion euro revenue boost from Air Be..
01:48a Lufthansa, easyJet among seven bidders for ailing Alitalia
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Air Berlin extends maintenance business bid deadline again

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10/06/2017 | 02:28pm CEST
An AirBerlin aircraft takes off from Duesseldorf airport

Air Berlin (>> Air Berlin Plc) has extended the bid deadline for its maintenance division to allow potential buyers to adapt their offers depending on the outcome of talks for its other assets.

Air Berlin (>> Air Berlin Plc) has extended the bid deadline for its maintenance division to allow potential buyers to adapt their offers depending on the outcome of talks for its other assets.

The airline filed for insolvency in August and is in talks with Lufthansa (>> Deutsche Lufthansa) and easyJet (>> EasyJet) over a carve-up of assets such as aircraft, take-off and landing slots and crew.

Those talks are due to run until Oct. 12 and bids for the maintenance unit Air Berlin Technik will now be taken in the week beginning Oct 16, a spokesman for Air Berlin said. Bids for the maintenance business had been due in on Friday.

"This gives the bidders a better chance to see how the process develops for Air Berlin and to adapt their offers for Air Berlin Technik accordingly," he said.

The maintenance unit has around 850 full-time equivalent positions, or around 1,200 staff, a spokesman said.

Germany family-owned logistics firm Zeitfracht has expressed interest in the unit.

(This version of the story corrects number of employees in paragraph 5.)

(Reporting by Klaus Lauer; Writing by Victoria Bryan; Editing by Alexander Smith)

Stocks treated in this article : Deutsche Lufthansa, Air Berlin Plc, EasyJet
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Latest news on AIR BERLIN PLC
04:02p EASYJET SEES NO NEED TO ENTER LONG-H : Ceo
03:06p AIR BERLIN : Eurowings sees 1 billion euro revenue boost from Air Berlin deal
01:48a Lufthansa, easyJet among seven bidders for ailing Alitalia
01:48a Lufthansa, easyJet among seven bidders for ailing Alitalia
10/16 AIR BERLIN : Oman Air CEO resigns
10/16 AIR BERLIN : Workers union calls for protest at Air Berlin
10/13 Some positive earnings reports | Calamatta Cuschieri
10/13 Lufthansa's swoop on Air Berlin stirs competition concerns
10/13 AIR BERLIN : easyJet in talks to take on up to 25 planes from Air Berlin
10/13DJIAG CEO Sees Growth Opportunities in Demise of European Airlines
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News from SeekingAlpha
09/25 WALL STREET BREAKFAST : Elections And Currencies
09/25 Lufthansa eyes Air Berlin assets
09/03 Kamakura Reports Stable Corporate Credit Quality In August
08/15 Air Berlin files for insolvency
07/28 Still Upside For Lufthansa?
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 0,49x
EV / Sales 2018 0,46x
Capitalization 18,8 M
Chart AIR BERLIN PLC
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Air Berlin Plc Technical Analysis Chart | AB1 | GB00B128C026 | 4-Traders
Technical analysis trends AIR BERLIN PLC
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Income Statement Evolution
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Mean consensus UNDERPERFORM
Number of Analysts 1
Average target price 0,01 €
Spread / Average Target -94%
EPS Revisions
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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