Air Partner reports record profit in first-half financial results

Air Partner finances 2020

Group charters and freight helped U.K.-based broker and aviation services company Air Partner boost pre-tax earnings by 250% in the first six months of its financial year

– Jet Card sales increase by 50%; U.S. private jet charter outlook positive

U.K.-based Air Partner has ridden a COVID-19 boom in group charters and freight to record profits for the first half of its financial year, according to unaudited results released ahead of the trading day this morning in London.

Air Partner expects July profits as it plans to return to a normalized reporting schedule

Air Partner

The diversified private jet broker and aviation services company had been providing monthly updates since the beginning of the COVID-19 pandemic

U.K.-based private jet charter and jet card broker Air Partner will return to a normalized reporting schedule following its annual meeting, scheduled to be held later today.

Since the start of the COVID-19 Coronavirus pandemic, the group has been providing monthly updates on its varied businesses.

Air Partner says the company was “well ahead” of budget in May

Air Partner

In its fourth COVID-19 Coronavirus update, the publicly traded private jet charter and jet card broker said strong cargo and corporate shuttle business is putting it ahead of targets

Strong group and cargo charter business in May following record trading in April has pushed Air Charter PLC to an underlying profit before tax of £7.5 million for the first four months of its financial year. The company described the results as “well ahead” of budget.

May private jet flight requests at Air Partner jump 210% year-over-year

private jet charter

Jet card and on-demand private jet broker Air Partner says inquiries are for travel through August

A day after Sentient Jet reported quote requests had increased 241% from March lows, private jet charter broker Air Partner says it too is seeing a tidal wave of interest.

The publicly traded seller of jet cards and on-demand charter said in a press release issued this morning that year-over-year inquiries were up 210%.

Air Partner plc profits dip despite 42.5% rise in U.S. private jet charter and jet card sales

Air Partner finances

Full-year gross profit fell 3.7% to £34.2m for the global aviation services group

Global aviation services provider Air Partner said its full-year sales and profits declined for the period ending Jan. 31, 2020.

Gross profit was down 3.7% to £34.2 million compared to £35.5 million for the previous year. On a like for like basis, adjusting for constant exchange and acquisitions, profits declined 5.3%.

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