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AIR Airbus SE

157.06
-1.46 (-0.92%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Airbus SE EU:AIR Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.46 -0.92% 157.06 157.00 157.70 158.38 153.72 158.00 1,451,375 16:40:00

Air Berlin to Buy 14 A320 Planes from Alitalia

25/01/2015 4:45pm

Dow Jones News


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   By Friedrich Geiger 

FRANKFURT--Air Berlin PLC said Sunday it will buy 14 Airbus Group NV planes from Alitalia as part of a plan to replace Boeing Co. jets.

The A320 planes are "young" but already in use by the Italian carrier, said Air Berlin spokesman Aage Duenhaupt. He declined to give the price. Air Berlin will get the jets soon.

Air Berlin will resell the aircraft to leasing companies and lease them back. It hasn't signed contracts with leasing firms yet, Mr. Duenhaupt said.

Air Berlin and Alitalia are partner airlines. Their joint parent Etihad Airways of Abu Dhabi owns 29% of Air Berlin and 49% of Alitalia.

  Write to Friedrich Geiger at friedrich.geiger@wsj.com 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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