Cancellation of 33 Boeing aircraft to be delivered
Ad hoc Notification Pursuant to § 15 of the German Securities Trading Act (WpHG)
London, 26 September 2014 – Air Berlin 5. LeaseLux S.à r.l. has today agreed with The Boeing Company that the orders relating to the 18 B737 and 15 B787 aircraft not yet delivered shall be cancelled. The cancellation agreement does not provide for any obligation of the Air Berlin group to make any compensation payments to Boeing.
The cancellation of the acquisition of the ordered aircraft, which currently have a list price of approximately USD 5 billion, will significantly reduce the future capital expenditure. The delivery would have resulted in a capital expenditure at Air Berlin group in the amount of the reduced purchase price that was actually agreed. However, the Air Berlin group will adapt the existing fleet to its needs by the acquisition or leasing of suitable aircraft, although at a lower number of aircraft than initially envisaged.
Air Berlin PLC The Hour House 32 High Street Rickmansworth WD3 1ER Hertfordshire Great Britain ISIN GB00B128C026, WKN AB1000, (Share) on the Frankfurt Stock Exchange (Regulated Market, Prime Standard), ISIN DE000A0NQ9H6 (Convertible Bonds 2007) Euro MTF market of the Luxembourg Stock Exchange, ISIN DE000AB100A6 (Bond 2010), ISIN DE000AB100B4 (Bond April 2011 and January 2014) and ISIN DE000AB100C2 (Bond November 2011 and November 2012) each of the three bonds trading segment Bondm of the open market of the Stuttgart Stock Exchange and Euro MTF market of the Luxembourg Stock Exchange, ISIN DE000A1HGM38 (Convertible Bonds 2013) Open Market Frankfurt Stock Exchange ISIN XS1051719786 (EUR Bond May 2014) Euro MTF market der Luxembourg Stock Exchange ISIN XS1051723895 (CHF Bond May 2014) SIX Swiss Exchange and Euro MTF market der Luxembourg Stock Exchange