Air Partner PLC Interim Management Statement (7812Y)
December 04 2014 - 2:01AM
UK Regulatory
TIDMAIP
RNS Number : 7812Y
Air Partner PLC
04 December 2014
AIR PARTNER PLC
INTERIM MANAGEMENT STATEMENT
Group continues to make good progress against full year profit
target
Air Partner plc ("Air Partner" or the "Group"), a leading
provider of private aviation services to industry, commerce,
governments and private individuals worldwide is pleased to issue
its interim management statement in respect of the period 1 August
2014 to 3 December 2014 (the "Period").
The Board remains confident in achieving its expectations of the
Group's performance for the year ending 31 January 2015. Trading in
both the Commercial Jet and Private Jet divisions continue to
perform in line with expectations. During the period, the
Commercial Jet division undertook a number of large projects
including a programme of car launches with a major European
manufacturer involving the movement of over 20,000 passengers to
various press launches. The smaller Freight division has performed
ahead of expectations and significantly ahead of the comparable
period last year due to work arising from assisting aid agencies in
West Africa.
The Group continues to benefit from a strong balance sheet with
a healthy cash position and no debt.
A further update will be provided before the Group enters its
close period on 31 January 2015.
Ends
Enquiries:
Air Partner 01293 844788
Mark Briffa, CEO
Neil Morris, CFO
Temple Bar Advisory (Financial PR advisor) 020 7002 1080
Tom Allison (07789 998020)
Ed Orlebar
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. www.airpartner.com
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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