AIR.L Regulatory News (AIR)

Air Partner plc

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

AGM AND INTERIM MANAGEMENT STATEMENT

Air Partner, the provider of aviation solutions to industry, commerce, governments and private individuals worldwide, holds its Annual General Meeting today. At the meeting, Mark Briffa, CEO, will make the following statement regarding the Group and its financial position, performance and prospects for the current financial year:

"Air Partner's Private Jet and Commercial Jet broking divisions are performing in line with the comparative period, with a particularly strong performance in the US market, partly as a result of business related to the US elections, offsetting weaker trading in Continental Europe. Elsewhere, as expected, following the conclusion of a major contract, Freight broking revenue is lower than last year. Overheads continue to be closely managed, are lower than the prior year and well within management expectations.

The Group continues to focus on its strategy of developing its business in four key growth areas; the US market, Private Jet broking in Europe, the Oil & Gas sector and growing our presence in emerging markets. Work continues to drive sales in all of these areas and there has already been a significant improvement in the results of the US operation.

The Board remains cautious in its assessment of prospects for the current year given the continued economic uncertainty and the lack of visibility characterising the industry. The Group is currently trading broadly in line with the Board's expectations and remains debt free, with a net cash position of over £10 million.

Air Partner intends to announce half year results for the first six months to 31 January 2013 on Thursday, 14 March 2013."

Ends

7th December 2012

Enquiries:

Air Partner 01293 844788

Mark Briffa, CEO

Gavin Charles, CFO

Temple Bar Advisory (Financial PR advisor) 020 7002 1080

Tom Allison (07789 998020)

Joanna Crawford (07776 253482)

About Air Partner:

Air Partner is an international provider of aviation services to industry, commerce, governments and individuals worldwide. The company has earned global recognition as a leading aircraft charter broker and organises ad hoc charters of aircraft of every size for any reason. Its three main divisions, supported by a host of support teams, comprise Air Partner Private Jet Broking, Air Partner Commercial Jet Broking and Air Partner Freight Broking. Private Jet Broking offers ad-hoc charter and the company's unique pre-paid JetCard scheme. The Commercial Jet Broking division charters large airliners with 20 to 500 seats for groups of every size. Air Partner Freight Broking charters aircraft of every size to fly any cargo anywhere, at any time. With its headquarters in the UK, the Group was formed in 1961 and is fully listed on the London Stock Exchange. Air Partner's expertise at providing unsurpassed private flying experiences at the best price is recognised by the honour that it is the only company in the aviation industry to hold a Royal Warrant, as Supplier of Aircraft Charter to Her Majesty Queen Elizabeth II, a globally recognised mark of excellence. www.airpartner.com