German airline Air Berlin PLC (AB1.XE) said Friday it plans to increase the number of executive board members to four from three ahead of its full membership in the oneworld alliance, planned for the start of 2012.

MAIN FACTS:

-In future, the executive board will include Chief Executive Officer Joachim Hunold, Chief Financial Officer Ulf Huettmeyer and Chief Operating Officer Christoph Debus and a Chief Commercial Officer, who is yet to be appointed.

-Joachim Hunold will take over as acting CCO with responsibility for network and sales until the appointment.

-COO Debus will be responsible for integrating acquired airline LTU and affiliated companies, and preparing information technology system for the future cooperation with oneworld.

-Air Berlin has concluded an agreement to operate code share flights with American Airlines and Finnair (FIA1S.HE), two core oneworld Alliance members, in preparation for its membership next year.

-Next up is a bilateral agreement with Iberia (IBLA.MC) and British Airways (BAY.LN), which is acting as Air Berlin's alliance sponsor.

 
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500
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