Air Partner issues AGM statement

Air Partner, the global aviation services group, has reported expected underlying profit before tax of at least £10 million in the five months to to 30 June 2020 in its unaudited management accounts. Ed Warner, Chair, stated that the Air Partner “took early and decisive action during the COVID-19 pandemic, ensuring the Group was well positioned to support our global customers’ emergency aviation needs”. At the end of June, the Group had normalised cash in the bank of £16.0m, excluding significant customer deposits and JetCard cash. The Group also has access to a total debt facility of £14.5 million, comprising