Moderators: jsumali2, richierich, ua900, PanAm_DC10, hOMSaR

Topic Author
Posts: 3239
Joined: Sun Jan 01, 2006 12:44 am

Dba Gets New Investor

Wed Feb 15, 2006 2:04 am

From ATW Online

Germany's DBA announced that investor Lutz Helmig has taken a 25.1% stake in the airline through his company Aton GmbH. DBA said the deal will double its capital to €20 million ($23.9 million). Helmig founded the Helios Kliniken hospital chain before selling it to Fresenius AG, according to the Associated Press.

Helmig becomes DBA's second-largest shareholder after owner Hans Rudolph Woehrl (59.9%), who bought the airline from British Airways in 2003. Remaining investors are DBA's two MDs, Martin Gauss and Peter Wojahn, each of whom holds 7.5%.

For the fiscal year ending March 31, DBA anticipates a 40% increase in passengers to 4.3 million. Turnover is expected to be more than €400 million. For the 2006-07 financial year it is forecasting turnover of €500 million while boardings could grow by 30% to more then 5.5 million. Last autumn the carrier ordered 40 737-700s (ATWOnline, Nov. 15, 2005).

DBA will start Munich-Paris Orly services this spring and said several new domestic routes will be opened as well.
Visit the Air Humberside Website and Forum
Posts: 5084
Joined: Wed Feb 09, 2005 2:47 am

RE: Dba Gets New Investor

Wed Feb 15, 2006 4:18 am

Excellent news. Good to see things are running well at dba, they certainly offer an excellent product for the low prices they charge.
Posts: 929
Joined: Thu Sep 12, 2002 10:07 am

RE: Dba Gets New Investor

Wed Feb 15, 2006 5:42 am

The investor is also tipped to buy a stake in Air Berlin in the upcoming IPO which could lead to an intensified cooperation between the two carriers.
Yours truly - StarFlyer

Popular Searches On

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos