28 Jan 2016 07:00
28 January 2016
Air Partner plc
PRE-CLOSE TRADING STATEMENT
Air Partner, the global aviation services group, is today releasing a Trading Statement ahead of entering a close period on 31 January 2016.
Trading momentum in the second half of its financial year ended 31 January 2016 remained good, with a stronger than expected end to the period. As such, we expect underlying pre-tax profit to be not less than £4.2m which compares to £2.6m reported in the same period last year.
The Group has made good progress over the period. Most notably the implementation of our Customer First programme has begun following extensive trials and we also completed the acquisitions of Cabot Aviation in May and Baines Simmons in August.
A detailed update on our strategic initiatives will be provided with the Preliminary Results which are expected to be released on 28 April 2016.
Ends
Enquiries | |
Air Partner | 01293 844788 |
Mark Briffa, CEO | |
Justin Scarborough, Director of Corporate Development and IR | 01293 848570 |
Temple Bar Advisory (Financial PR advisor) | 020 7002 1080 |
Tom Allison | 07789 998 020 |
Ed Orlebar | |
Alycia MacAskill |
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