AIR.L Regulatory News (AIR)

1 Feb 2007 07:01

Air Partner PLC01 February 2007 Air Partner PLC ("Air Partner" or "the Group") Pre-Close Trading Update for the Six months ended 31 January 2007 Prior to entering a close period ahead of its interim results, Air Partner, theprovider of private aviation services to industry, commerce, governments andprivate individuals worldwide, is pleased to announce that trading for the sixmonths ended 31 January 2007 has been very strong. Accordingly, earnings forthe interim period will be significantly and materially ahead of the comparableperiod ending 31 January 2006. In October 2006 Air Partner announced record annual results and reported thatcurrent trading was considerably ahead of the comparable period. This trend hascontinued throughout the six months under exceptionally buoyant marketconditions. The Group continues to pursue its strategy of revenue diversification and ispleased to report that both the recent investment to capture further marketshare in the jet-for-leisure sector, and the acquisition of Gold Air in October2006 are proving significant assets to Air Partner. Whilst the ongoing market conditions are encouraging, forward bookings for thesecond half of the year are currently running at more normalised trading levels.The business remains founded on the ad hoc need for aircraft charter, and henceforward visibility and predictability remain limited. The Group's interim results will be announced on Wednesday 4th April 2007. Apresentation of the results will be held at 9:30am at The London Stock Exchange,10 Paternoster Square, London, EC4M 7LS. For information on the presentationplease contact Tom Allison on T. 020 7002 1080 or emailtoma@templebaradvisory.com - ends - 1st February 2007 Notes to editors: please ensure "Air Partner" is written in its correctsingular form, not in the plural. ENQUIRIES: Temple Bar Advisory Tel: 0207 002 1080 Tom Allison Tel: 0778 999 8020Alex Money This information is provided by RNS The company news service from the London Stock Exchange