Air Partner first-half results dip despite “strong” U.S. jet card sales

private jet charter broker

Air Partner Plc, the global aviation services group, today reported results for the six months to 31 July 2018

 

In what Air Partner CEO Mark Briffa described as a “solid first half performance” the publicly traded seller of aviation services, including on-demand charter and jet cards said it earned a gross profit of £18.0 million, six-tenths of a percent below the same period in 2017. Underlying profit before tax of £4.2m, was a year-on-year increase of 2.4% while statutory profit before tax of £2.6m was £1.1m lower than the previous year driven by the associated costs of the company’s accounting review concluded earlier this year. In August, the company had offered its latest update.

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