Air Partner affirms profit target

Air Partner

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.

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 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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