Air Partner’s underlying profit before tax for the year ended Jan. 31 increased 176% to £11.6m
Air Partner’s full-year profit for the year ended January 31 increased to £11.6m from £4.2m, a gain of 176%, according to its audited financials released this morning in London. It had provided guidance to the news in February. Gross transaction value increased 16% to £274.8 million.
Jet card broker Air Partner is seeing strength in Redline, its global security solutions provider
Redline, an Air Partner company and a leading global security solution provider, has recently secured six business wins with U.K. and international customers, totaling over £1 million in revenues. Customers include international airports, public transport operators, regulatory bodies, and government support agencies.
Analyst Canaccord Genuity restores “buy” recommendation for Air Partner
Air Partner said it is announcing today an update to shareholders, including details of its dividend policy. The move reaffirms its previously reported update from January. That called for a profit before tax of no less than £11.5 million for the year ended 31 January 2021. That compares to £4.2 million from the previous year, a 173% gain.
U.K.-based Air Partner expects a full-year profit of at least £11.5 million for its fiscal year ending this month
Global aviation services group Air Partner today provided an update on trading for its financial year ending 31 January 2021.