Air Partner, the global aviation services group, has released a trading statement ahead of its scheduled update on February 1st, and its financial year ending on January 31, 2018. Air Partner reported that it has had a good second half, driven by continued performance across all product lines within the Broking division, including strong results in the US and in Freight. In Consulting & Training, the forward pipeline remains encouraging. Underlying pre-tax profit for the financial year ending January 31, 2018 is expected to be not less than £6.4m, which compares to £5.1m reported in the same period last year and ahead of market consensus of £5.9m. The Group retains a strong net cash position. The acquisition of SafeSkys, a leading Environmental and Air Traffic Control services provider to UK & International airports, announced in September, is performing in line with expectations. SafeSkys operations relocated to Air Partner’s London Gatwick HQ in November 2017 and integration has now completed.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada