euro adhoc: Air Berlin PLC / Strategic management decisions / Air Berlin creates new engineering company Decisive step to increase cost savings and competitiveness

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Spin-offs/Air Berlin engineering company

09.08.2007

The tariff agreement with ver.di trade unions has cleared the way:
600 people who have been working for LTU in Düsseldorf and Munich and
for Air Berlin in Düsseldorf will now be working for "Air Berlin
Luftfahrttechnik Düsseldorf GmbH", under the umbrella of "Air Berlin
Technik Ltd." (London). They will shortly be joined by the 130
employees from dba-Technik in Munich. "Air Berlin Technik Berlin
GmbH" will also be part of the group, which will then have 1,100
employees.

The plan is that this new, independent technical division will not
only be servicing the Air Berlin fleet, consisting of 130 aircraft,
but will also be developing further third-party business. Air Berlin
is hoping that by merging these technical operations it will achieve
better utilisation of the facilities at the individual sites and a
reduction in technical costs. The intention is also to separate these
activities from seasonal flight operations.

By setting up an independent Air Berlin engineering section, the
company is not only creating additional potential growth for
third-party business with airlines outside the group, but also
securing a proportion of the synergies amounting to between 70 and
100 million euros per annum, which is expected from the acquisition
of LTU. This is a decisive step to increase cost savings and
competitiveness.

Air Berlin PLC
The Hour House
32 High Street
Rickmansworth
WD3 1ER Hertfordshire
UK
WKN AB1000 (Ordinary Shares)
Listed on Frankfurt Stock Exchange
(Official Market, Prime Standard)
WKN AONQ9H (Convertible Bonds)
Listed on the Euro MTF market
of the Luxembourg Stock Exchange

end of announcement euro adhoc 09.08.2007 07:25:45
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ots Originaltext: Air Berlin PLC & Co Luftverkehrs KG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Ingolf Hegner
Head of Investor Relations
+49 (0)30 3434 1532
ihegner@airberlin.com

Branche: Air Transport
ISIN: GB00B128C026
WKN: AB1000
Index: Classic All Share, Prime All Share, SDAX
Börsen: Börse Frankfurt / official dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade