Air Charter Service experiencing strong European service

The U.K.-based broker saw a 47% YoY increase in European charter flights, following overall revenue growth.

Posted in: News by Giancarlo Diago Cevallos, 1 hour ago

U.K.-based Air Charter Service’s European offices saw charter numbers rise 47% year over year.

The operator’s European performance follows the opening of new European offices in Brussels, Stuttgart, Monaco, and Barcelona.

It also follows a 38% revenue growth overall in H1, YoY.

Jet card sales in particular increased 85% in H1.

“Every region within our European network has achieved better results than last year,” said Andrew Summers, ACS’s Europe Regional Director, in a press release. “With strong performances from our German and Spanish offices and a better-than-expected return from our Italian office, in its first full year of trading.”

Summers continued:

‘We are particularly pleased with the increase in market share from our French-speaking business, which we target from our offices in Paris, Geneva, Brussels and Monaco, with it significantly growing, by 49% year-on-year. Some of these offices have had their figures slightly boosted by factors such as the World Cup, supply chain disruptions caused by the conflict in Iran, and a few Middle East evacuations in March, but underlying growth is still very strong…’

For context, the most recent research shows Europe had 2% more flights in week 40 YoY.

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