Air Partner PLC Trading Statement (8103V)
February 02 2017 - 1:00AM
UK Regulatory
TIDMAIR
RNS Number : 8103V
Air Partner PLC
02 February 2017
2 February 2017
Air Partner plc
TRADING STATEMENT
Air Partner, the global aviation services group, is today
releasing a Trading Statement following its financial year end.
Trading in the second half of its financial year ended 31
January 2017 has remained in line with expectations.
The acquisition of Clockwork Research Limited, a leading fatigue
risk management consultancy, announced on 13 December 2016, has
been well received by clients and the integration is progressing
well. The Group continues to assess investment opportunities, both
organic and acquisitions, in line with its stated strategic
objective to become a world class global aviation services
group.
A detailed update on business performance will be provided with
the full year results which are expected to be released on 27 April
2017.
After 12 years as a Non-Executive Director and 5 years as
Non-Executive Chairman, Richard Everitt has informed the Board that
he does not intend to stand for re-election at the Company's AGM in
June 2017. Richard was appointed as Chairman of the Dover Harbour
Board on 1 July 2016. A selection process is underway for the
appointment of a new Non-Executive Chairman and an appointment
announcement will be made in due course.
Ends
Enquiries:
01293 844
Air Partner 788
Mark Briffa, CEO
Neil Morris, CFO
Temple Bar Advisory (Financial 020 7002
PR advisor) 1080
07789 998
Tom Allison 020
07876 222
Alycia MacAskill 703
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 has two divisions :
the Broking division, comprising air charter broking and
remarketing through the Air Partner and Cabot Aviation brands
respectively, and the Consulting & Training division,
comprising the aviation safety consultancies, Baines Simmons and
Clockwork Research. For reporting purposes, the Group is structured
into four divisions: Commercial Jets, Private Jets, Freight
(Broking) and Consulting & Training (Baines Simmons and
Clockwork Research). The Commercial Jet division charters large
airliners to move groups of any size and includes Cabot Aviation
which 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. 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 specialising in aviation regulation, compliance and
safety management. Clockwork Research is a leading fatigue risk
management consultancy. 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 ISO 9001:2008 compliant for commercial
airline and private jet solutions worldwide. www.airpartner.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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