In the third quarter of 2011, Air Berlin PLC was able to increase the yield (revenue per passenger) from EUR 110.94 to EUR 116.61 (excluding aviation tax), i.e. an increase of 5.1 percent over the corresponding period of the previous year. At the same time, the seat load factor increased by 1.7 percentage points, to 84.1 percent. Capacity was reduced by 0.5 percent, to 13.4 million seats. In quarterly comparison from Q3/2010 to Q3/2011, Air Berlin PLC/s revenue increased by 10.8 percent, i.e. from EUR 1.241 billion to EUR 1.375 billion. For the same period, EBITDAR (earnings before interest, taxes, depreciation, amortization and leasing expenses) decreased from EUR 336.4 million to EUR 269.3 million; EBIT (operating result before interest and taxes) dropped from EUR 171.7 million to EUR 96.8 million, whereas, in the previous year, positive one-time gains of EUR 26.3 million were recorded. Without the aviation tax, EBIT would have amounted to EUR 148.3 million. Net profit decreased from EUR 135.9 million to EUR 30.2 million. Air Berlin PLC's total equity is 14 percent (end of 2010: 21 percent) and net indebtedness amounts to EUR 644 million (end of the previous year: EUR 489 million).

airberlin's CEO Hartmut Mehdorn pleaded again for the abolition of the aviation tax. At the presentation of the figures for the third quarter of 2011 on Thursday, Mehdorn stated: "Due to the tough competition, it is impossible to pass on the tax to the customers. The aviation tax is damaging the low-margin airline industry in Germany." Furthermore, the aviation tax, which was announced as a precursor of the emissions trading scheme, renders all efforts geared towards sustainability absurd, since the tax does not take CO2 emissions into account, emphasized Mehdorn. The evaluation of the aviation tax, which the authorities have scheduled for next year, should urgently be brought forward. In addition to the aviation tax, high oil prices as well as strikes and announced strikes by the air traffic controllers prevented airberlin from achieving a better result for the third quarter - despite improved capacity utilization and increased revenue per passenger.

Ulf Huttmeyer, airberlin's CFO, emphasized that the efficiency improvement program, "Shape & Size“, which airberlin implemented in the summer and comprises more than 30 working groups, is well on its way towards sustainably positioning the company in a profitable manner for the future. As Huttmeyer stated: "According to the present status, I am of the opinion that the program will already accomplish savings amounting to approximately EUR 200 million in the coming year."

airberlin is Germany's second largest airline. The company has a workforce of 8,900 employees. In 2010 alone, airberlin received over 10 awards for service and quality. The fleet comprises 168 aircraft with an average age of five years, making it one of the most modern fleets in Europe. The airline's state-of-the-art jets are highly fuel efficient, which contributes toward a long-term reduction in pollution emissions from aircraft. As one of the major European airlines, airberlin flies to 163 destinations in 39 countries. In 2010, the airline carried 33.6 million passengers. airberlin has signed up for membership to the global airline alliance oneworld and is expected to become a full member at the start of 2012. airberlin operates codeshare flights with the oneworld members American Airlines, British Airways, Finnair, Iberia, Malev, Royal Jordanian and S7.