EANS-Adhoc: Air Berlin and oneworld
26-Jul-2010 Air Berlin PLC announces, that its 100% subsidiary Air Berlin PLC & Co. Luftverkehrs KG ("Air Berlin") has on 26 July 2010 agreed with oneworld Management Company Ltd. on key aspects of Air Berlin's membership in the oneworld Alliance.
Under the sponsorship of British Airways Plc, which is a founding member of oneworld Alliance Air Berlin, will work towards completing a full membership agreement with oneworld. Membership in oneworld would strengthen Air Berlin´s competitive position and enable it to participate in the alliance´s revenue enhancement and cost reduc-tion activities.
Furthermore, Air Berlin PLC announces, that Air Berlin has entered into agreements on strategic cooperation, so called code-share agreements, with American Airlines, Inc. and Finnair Plc today. These agreements shall allow Air Berlin to offer tickets for code-share flights as of 1 November 2010 to fifteen (15) additional destinations in the United States of America and two on the Bahamas which are operated by American Airlines, Inc. as well as for code-share flights with Finnair Plc to Helsinki, within Europe and to Asia. The implementation of these agreements is subject to all necessary regulatory approvals.
Air Berlin PLC The Hour House 32 High Street Rickmansworth WD3 1ER Hertfordshire Great Britain WKN AB1000 (Share) on the Frankfurt Stock Exchange (Regulated Market, Prime Standard) WKN A0NQ9H (Convertible Bond 2007) Euro MTF Market on the Luxembourg Stock Exchange WKN A1ALH0 (Convertible Bond 2009) Open Market on the Frankfurt Stock Exchange