Air Partner (AIP)

512.50p
   
  • Change Today:
      12.50p
  • 52 Week High: 620.00
  • 52 Week Low: 332.50
  • Currency: UK Pounds
  • Shares Issued: 10.26m
  • Volume: 14,833
  • Market Cap: £52.59m
  • RiskGrade: 177

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 512.50p
Change Today 12.50p
% Change 2.50 %
52 Week High 620.00
52 Week Low 332.50
Volume 14,833
Shares Issued 10.26m
Market Cap £52.59m
RiskGrade 177

Air Partner Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
33.52% below the market average33.52% below the market average33.52% below the market average33.52% below the market average33.52% below the market average
2.86% above the sector average2.86% above the sector average2.86% above the sector average2.86% above the sector average2.86% above the sector average
Price Trend
45.68% above the market average45.68% above the market average45.68% above the market average45.68% above the market average45.68% above the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average
Income
75.72% above the market average75.72% above the market average75.72% above the market average75.72% above the market average75.72% above the market average
70.21% above the sector average70.21% above the sector average70.21% above the sector average70.21% above the sector average70.21% above the sector average
Growth
87.28% below the market average87.28% below the market average87.28% below the market average87.28% below the market average87.28% 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

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
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
  Final 2nd Interim
Ex-Div 14-May-14 02-Oct-13
Paid 16-Jun-14 25-Oct-13
Amount 14.00p 14.00p

Trades for 23-Apr-2014

Time Volume / Share Price
15:56 480 @ 515.00p
15:43 115 @ 515.00p
15:34 1,240 @ 502.00p
14:04 1,000 @ 510.00p
14:04 1,000 @ 510.00p

Air Partner Key Personnel

CEO Mark Briffa
CFO Gavin Charles

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