29 Jun 2016 07:00
29 June 2016
Air Partner plc
AGM STATEMENT
Air Partner plc ('Air Partner' or 'Group'), the global aviation services group, holds its Annual General Meeting today. At the meeting, Mark Briffa, Chief Executive Officer, will make the following statement:
"At the time of our full year results in April 2016 we reported that the Group had made a positive start to the new financial year. I am pleased to report that trading has continued at similar levels, with all areas of the business contributing to the positive start.
Integration of Cabot Aviation and Baines Simmons, which the Group acquired last year, has been completed and there is clear opportunity to grow these businesses in the years ahead. We continue to assess investment opportunities, both organic and acquisitions, which will further add or enhance the services and capabilities we can provide to our clients across the world.
The Group continues to maintain a strong net cash position and we remain optimistic about the Group's prospects for the remainder of the year.
Air Partner will provide a further update before the Group enters its close period on 29 August 2016."
Ends
Enquiries |
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Air Partner | 01293 844788 |
Mark Briffa, CEO |
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Neil Morris, CFO |
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Temple Bar Advisory (Financial PR advisor) | 020 7002 1080 |
Tom Allison | 07789 998 020 |
Ed Orlebar | 07738 724 630 |
Alycia MacAskill | 07776 253 482 |
About Air Partner:
Founded in 1961, Air Partner is a global aviation services group that provides worldwide solutions to industry, commerce, governments and private individuals. The Group is structured into four reporting divisions: Commercial Jets, Private Jets, Freight and Baines Simmons. The Commercial Jet division charters large airliners to move groups of any size. Cabot Aviation, which is formed within the Commercial Jet division, provides comprehensive remarketing programmes for all types of commercial and corporate aircraft to a wide range of international clients. Private Jets offers the company's unique pre-paid JetCard scheme and on-demand charter. Air Partner Freight charters aircraft of every size to fly almost any cargo anywhere, at any time. Baines Simmons is a world leader in Aviation Safety Consulting which specialises in aviation regulation, compliance and safety management. Air Partner is headquartered alongside Gatwick airport in the UK. Air Partner operates 24/7 year-round and has 20 offices globally. Air Partner is listed on the London Stock Exchange (AIR) and is also ISO 9001:2008 compliant for commercial airline and private jet solutions worldwide. www.airpartner.com
Cautionary statement regarding forward-looking statements
This document may contain forward-looking statements which are made in good faith and are based on current expectations or beliefs, as well as assumptions about future events. You can sometimes, but not always, identify these statements by the use of a date in the future or such words as "will", "anticipate", "estimate", "expect", "project", "intend", "plan", "should", "may", "assume" and other similar words. By their nature, forward-looking statements are inherently predictive and speculative and involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. You should not place undue reliance on these forward-looking statements, which are not a guarantee of future performance and are subject to factors that could cause our actual results to differ materially from those expressed or implied by these statements. The Company undertakes no obligation to update any forward-looking statements contained in this document, whether as a result of new information, future events or otherwise.