BBA still flying high

Aircraft services group BBA said flying activity continued to rise in the period between 1 July 2010 and 10 November 2010. Revenues for the four months to 31 October are up by 6% on an organic basis from the same period the previous year.The company said it continues to see strong cash conversion with net debt being reduced further from the half year on both a constant currency and reported basis. 'The underlying strengths of our businesses - our secular growth prospects, consolidation opportunities and focus on continued operational improvement - mean that over the longer term we expect to deliver a strong performance and generate superior returns,' said chief executive Simon Pryce.