The publicly traded U.K. company sells jet cards and
on-demand charter with fixed rate programs in both the U.S. and Europe
Stock analyst Liberum Capital restated its buy rating on
shares of Air Partner (LON:AIR) in a research note published last Thursday,
according to several reports.
Shares of Air Partner stock opened at GBX 89.40 ($1.17) on
Air Partner has a 12 month low of GBX 71.40 ($0.93) and a 12
month high of GBX 129 ($1.69). The stock has a market cap of $46.39 million and
a P/E ratio of 17.19. The company has a debt-to-equity ratio of 21.28, a
current ratio of 1.06 and a quick ratio of 0.80, according to Liberum.
The European jet card operator is expanding its fleet of Cessna Citation Mustang private jets
Austria-based GlobeAir AG has launched a new brand image.
Additionally, it is adding four Cessna Citation Mustangs previously operated by
Wijet expanding its fleet by 25%.
European very light jet operator GlobeAir AG which uses a
fleet of owned Cessna Citation Mustangs to provide jet cards and sell on-demand
charter is expanding its fleet and giving itself a new look.
Two of the four new additional aircraft, which were formerly operated by Wijet, will be operating by the summer, according to GlobeAir officials. Currently, there are no plans for more airplanes, meaning that when all are flying, the operator will have a fleet of 20.