Air Partner (AIP)

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260.00p
   
  • Change Today:
      2.50p
  • 52 Week High: 620.00p
  • 52 Week Low: 245.00p
  • Currency: UK Pounds
  • Shares Issued: 10.26m
  • Volume: 53,586
  • Market Cap: £26.68m
  • RiskGrade: 276
  • Beta: 0.34

Air Partner firmly on track for FY

Date: Tuesday 14 Jun 2011

LONDON (ShareCast) - Private aviation company Air Partner said its performance for the full year is firmly on track after a sharp increase in one off emergency flights from North Africa and Japan.

Commercial Jet broking, the group's largest operating division, is currently performing ahead of management expectations, Air Partner said.

While the division's trading levels have been higher as a consequence of one-off emergency flights, it warned that the market remains highly competitive.

Pricing at its Private Jet broking division remains weak and margins are expected to remain under pressure during the current year.

Looking ahead the group has seen some early signs of improvement in the financial sector, although it is still too early to assess the potential impact from these, it said.

In Europe, France and Germany are beginning to see stronger trading levels but the division's challenge remains to widen its client mix.

The group cash position is currently £11.5m and it remains debt-free.

Air Partner said it has the "financial headroom and flexibility to continue to invest over the coming year in building market share and extending Air Partner's global presence."


CJ

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Air Partner Market Data

Currency UK Pounds
Share Price 260.00p
Change Today 2.50p
% Change 0.97 %
52 Week High 620.00p
52 Week Low 245.00p
Volume 53,586
Shares Issued 10.26m
Market Cap £26.68m
Beta 0.34
RiskGrade 276

Air Partner Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.43% above the market average80.43% above the market average80.43% above the market average80.43% above the market average80.43% above the market average
86.11% above the sector average86.11% above the sector average86.11% above the sector average86.11% above the sector average86.11% above the sector average
Price Trend
77.4% below the market average77.4% below the market average77.4% below the market average77.4% below the market average77.4% below the market average
87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average
Income
96.09% above the market average96.09% above the market average96.09% above the market average96.09% above the market average96.09% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average
Growth
86.08% below the market average86.08% below the market average86.08% below the market average86.08% below the market average86.08% below the market average
87.69% below the sector average87.69% below the sector average87.69% below the sector average87.69% below the sector average87.69% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Air Partner Dividends

  Latest Previous
  Interim Final
Ex-Div 01-Oct-14 14-May-14
Paid 24-Oct-14 16-Jun-14
Amount 6.66p 14.00p

Trades for 17-Oct-2014

Time Volume / Share Price
16:35 5,379 @ 260.00p
16:03 1,000 @ 265.00p
16:02 1,000 @ 265.00p
14:49 1,000 @ 265.00p
14:45 1,000 @ 260.77p

Air Partner Key Personnel

CEO Mark Briffa

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