AIR Air Partner Plc

TIDMAIP

RNS Number : 5520D

Air Partner PLC

30 January 2015

30 January 2015

AIR PARTNER PLC

TRADING UPDATE

Air Partner plc ("Air Partner" or the "Group"), a leading provider of private aviation services to industry, commerce, governments and private individuals worldwide, is today releasing a trading update ahead of its financial year-end.

Since the publication of Air Partner's IMS on 4 December 2014, the Group has benefitted from a better than anticipated performance from the Commercial Jets division over what is historically a quieter trading period. The Board expects full year profit before tax for the year ending 31 January 2015 to be in line with current expectations.

The Group continues to benefit from a strong balance sheet with a healthy cash position and no debt.

Air Partner will announce its next results on 23 April 2015 in respect of the year ending 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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