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Air Berlin seals strategic alliance with TUI Travel

2nd April, 2009

Air Berlin and TUI Travel confirmed plans to enter into a long-term strategic partnership, covering their German flight businesses, with a corresponding agreement signed on 28-Mar-09. [1892 words]

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This report contains the following subheadings:

  • Air Berlin to gain greater route access in the intra-European market
  • Consolidation in Germany's LCC market
  • ESAS Holding acquires a 15% stake in Air Berlin

This report contains the following charts and tables:

  • Air Berlin/TUIfly partnership: Cross shareholdings
  • Air Berlin/TUIfly synergies
  • Air Berlin/TUIfly key information
  • Air Berlin/TUIfly partnership: Transfering City business
  • TUIfly route network: Mar-2009
  • TUIfly fleet delivery plans: as at Mar-2009
  • German domestic capacity breakdown by carrier (seats per week as % of total)
  • German international capacity breakdown by carrier (seats per week as % of total)
  • TUI Group
  • Airberlin Share Price (EUR): Mar-08 to Mar-09