Analyst upgrades Air Partner as jet card sales jump 36.8%

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Analyst Canaccord Genuity raises Air Partner forecasts and target price to reflect the private aviation provider’s improved outlook

An analyst tracking Air Partner is upping its forecast and target price for Air Partner citing a strong start to its results for the current financial year.

Air Partner corporate bookings surge 112% in April

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Jet card and on-demand charter broker Air Partner is reporting business travel via private jets is rebounding

Following a year of COVID-19-induced lockdowns, business travel is returning, and corporations are turning to private jets as they seek to get back out on the road. Air Partner says there was a 112% increase in corporate bookings in April compared to the start of the year.

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.

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