16 Jul 2013 07:00
16 July 2013
Air Partner plc
TRADING STATEMENT
Air Partner plc, the leading provider of private aviation services to industry, commerce, governments and private individuals worldwide is pleased to report strong trading over the last eight weeks.
Air Partner's IMS on 4 June reported that trading in the Commercial Jet division was already significantly ahead of the prior year, reflecting new business wins in the Tour Operator and Oil & Gas sectors. The Group also reported that the Private Jet division was trading ahead of the prior year as the strategic focus in the US and Europe generated new opportunities for revenue growth. Since then, business has further improved, and whilst a proportion of the business won and serviced in the year to date is of a 'one off' nature, the Group is pleased to report stronger than expected trading over the last eight weeks.
As a result, the Board expects full year profit before tax for the year ending 31 July 2013 to be ahead of both the prior year and current expectations.
Results for the current financial year will be reported on 10 October 2013.
Ends
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
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