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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%.
U.K.-based Air Partner offered its third COVID-19 Coronavirus update this morning with news of a £6m profit before tax covering February, March, and April, its fiscal first quarter.
On the news, its stock (LON: AIR) was trading at GBX 49.40 midday in London, down from its 52-week high GBX 102.90, but up considerably from a low last month of just GBX 15.33.
Private jet charter, jet card broker and aviation services provider Air Partner provided an update on trading this morning. It covers its new financial year which began February 1, 2020.
Private jet charter and jet card broker Air Partner, which offers extensive aviation services beyond private flying, updated shareholders earlier today on its approach to the Coronavirus COVID-19 pandemic, including protective actions being taken, current sales and pipeline.
Air Partner said it has partnered with The Modern Concierge to offer personalized 3, 4, 5 and 7-day wellness getaways for its JetCard jet card members. It follows similar partnerships with Quintessentially Travel and Camper & Nicholson covering luxury travel and yacht charters.
