Air Partner H1 profits fall despite 229% increase in U.S. jet card members

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First-half profits for Air Partner slipped to £18.6 million as Group and Freight Charter returned to normal levels

Air Partner’s unaudited results for the first six months of its 2022 financial year revealed a spike in jet card sales. However, that was offset by a return of group and freight charters to “normalized” levels.

Air Partner says 2021 is off to a strong start, re-affirms record performance

Air Partner

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.

Air Partner flies COVID-19 relief charters to 173% profit gain

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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.

Air Partner reports record profit in first-half financial results

Air Partner

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.

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