Air Partner releases pre-close trading statement

Air Partner, the global aviation services group, is today releasing a Trading Statement ahead of entering a close period on 31 January 2016. Trading momentum in the second half of its financial year ended 31 January 2016 remained good, with a stronger than expected end to the period. As such, the company expects underlying pre-tax profit to be not less than £4.2m which compares to £2.6m reported in the same period last year. The Group has made good progress over the period. Most notably the implementation of its Customer First programme has begun following extensive trials and also the acquisitions of Cabot Aviation in May and Baines Simmons in August. A detailed update on Air Partner’s strategic initiatives will be provided with the Preliminary Results which are expected to be released on April 28th, 2016.