Airberlin hopes to improve its financial results by €310 million ($349 million) in three years as it concentrates on growing its Berlin and Düsseldorf hubs. It will also focus on areas where it will can increase market share, such as on “transatlantic routes and in a number of European markets. Overall capacity in 2016 will remain stable compared to the previous year,” according to airberlin CEO Stefan Pichler.

Starting with the 2016 summer schedule, airberlin plans to launch 5X-weekly services from Düsseldorf to San Francisco and Boston; and 4X-weekly services from Düsseldorf to Dallas/Fort-Worth, as well 2X-weekly flights to Havana, Cuba. Airberlin will operate 62 weekly nonstop flights from Düsseldorf to 14 long-haul destinations in the US, the Caribbean and the United Arab Emirates.

It will also launch additional flights to New York JFK and Los Angeles.

Three medium-haul Airbus A330s will be refurbished with full flat business class seats by the summer of 2016, after which they will be used exclusively for long-haul flights. In light of its growth-oriented network strategy, airberlin will reduce the number of job cuts than it previously anticipated.

Airberlin will further increase its joint route network with Austria-based subsidiary FlyNiki and Alitalia—which currently comprises more than 1,500 weekly codeshare flights. Airberlin also plans to extend its collaboration with Air Serbia to remain the market leader at Palma de Mallorca, with high-frequency flight connections from Germany, Austria and Switzerland. The number of flights during the summer holiday season will grow by more than 9%, up to 500 weekly flights to the Spanish Island.

The oneworld member will complete the transition process to become an all Airbus operator by mid-2016 when it exchanges its remaining Boeing 737 fleet with A320 family aircraft.

The oneworld alliance airline belongs to Etihad Airways Partners. Etihad has a 29.21% share in airberlin.