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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Babcock International Group Plc | LSE:BAB | London | Ordinary Share | GB0009697037 | ORD 60P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-6.00 | -1.16% | 510.50 | 512.00 | 513.50 | 520.00 | 511.50 | 520.00 | 758,408 | 16:35:07 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Engineering Services | 4.44B | -35M | -0.0692 | -74.06 | 2.59B |
TIDMBAB
RNS Number : 2289J
Babcock International Group PLC
08 September 2016
8 September 2016
Babcock International Group PLC (Babcock or the Group)
Babcock awarded contract to support Qantas across Australia
Babcock today announces that it has been awarded a five-year contract, with an option for a further two years, to support Qantas Group's ground support equipment (GSE) fleet at 60 locations across Australia.
The agreement streamlines the management of the airline's fleet of over 10,000 Ground Service Equipment assets spread across 60 locations within Australia, including Qantas' domestic, regional, freight, catering and engineering operations, as well as Jetstar.
Working with Qantas as its asset management partner, Babcock will deliver a programme to improve reliability of equipment and provide significant long term capability and cost benefits.
The Group already provides a range of support services at international airports, including London (Heathrow, Gatwick), Amsterdam (Schiphol) and São Paulo (Guarulhos) and most recently Rome (Fiumincino), and has extensive experience of successfully delivering fleet management services to a range of customers including the London Fire Brigade and Metropolitan Police.
Archie Bethel, Chief Executive of Babcock International Group, said:
"We have a proven track record of improving the performance and reliability of our customer's assets, whilst delivering efficiency savings. Qantas are regarded as one of the world's leading long-distance airlines and we are very much looking forward to working with them to implement a suite of modern fleet management systems and tools which will enhance safe and effective fleet capability across all the airline's sites."
Ends
Enquiries
Babcock International Group PLC 020 7355 5300 Franco Martinelli Kate Hill FTI Consulting 020 3727 1340 Andrew Lorenz Nick Hasell
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
September 08, 2016 04:00 ET (08:00 GMT)
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