Air Partner releases pre-trading statement for H1 2017

Eleanor Steed
By Eleanor Steed August 25, 2017 09:31

Air Partner releases pre-trading statement for H1 2017

In a pre-trading statement for the six months ended 31 July 2017, Air Partner, the global aviation services group, says that it made a strong start to the year with underlying pre-tax profit for the first half of the financial year expected to be not less than £4.0m, which compares to £3.0m reported in the same period last year. The Group retains a strong net cash position.

Air Partner’s broking division, comprising aircraft charter and remarketing, “has performed well across all product lines during the first half,” while the consulting & training division is said to be delivering solid results with “an encouraging pipeline of opportunities to be secured in the second half of the financial year”.

The Air Partner Board states that it continues to assess investment opportunities, both organic and acquisition, to enhance or extend the services and capabilities it offers to its customers, and to strengthen and advance its market position.

Eleanor Steed
By Eleanor Steed August 25, 2017 09:31