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AGM Statement

4 Jun 2015 07:00

RNS Number : 1544P
Air Partner PLC
04 June 2015
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4 June 2015

London, Gatwick

Air Partner plc

("Air Partner", the "Company", or the "Group")

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AGM STATEMENT

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Air Partner plc, the global aviation charter specialist for corporates, organisations, individuals and governments, holds its Annual General Meeting today. At the meeting, Mark Briffa, Chief Executive Officer, will make the following statement:

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"At the time of our full year results in April 2015, we reported that trading was in line with the Board's expectations. Trading has continued at similar levels, and given our forward bookings, we remain optimistic about the Group's prospects for the remainder of the year.

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The completion of our acquisition of Cabot Aviation was announced on 13 May 2015. The acquisition has significantly enhanced our Aircraft Remarketing capabilities and we are seeing clear benefits for our customers and the wider Group.

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While limited visibility is inherent in the Air Charter sector, we have made a solid start to the year and look ahead with a degree of optimism. The Group continues to maintain a positive net cash position.

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Air Partner will provide a further update before the Group enters its close period on 1 August 2015."

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Ends

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Enquiries:

Air Partner

01293 844570

Mark Briffa, Chief Executive Officer

Justin Scarborough, Director of Corporate Development and IR

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Temple Bar Advisory

020 7002 1080

Tom Allison (07789 998020)

Alycia MacAskill

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About Air Partner:

Air Partner has been trading for over 50 years and is a world leading provider of aviation charter services to industry, commerce, governments and individuals worldwide. The Group is globally recognised as a leading charter broker and organises ad hoc aircraft charters of every type for any reason. Its three main divisions comprise Air Partner Private Jets, Air Partner Commercial Jets and Air Partner Freight. The Commercial Jets division charters large airliners to move groups of any size. Private Jets offers the company's pre-paid JetCard scheme and on-demand charter. With its headquarters alongside Gatwick airport in the UK, Air Partner operates 24/7 year-round and has 20 offices globally. Air Partner is also the only air charter broker in the UK certified ISO 9001:2008 compliant for commercial airline and private jet solutions worldwide. www.airpartner.com

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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.

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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