European Business Jets Share Discussion Threads

[lbo] 23/10/2007 11:54

EBJ achieves its AIM of success as fractions add up



October 10, 2007:
Cambridge-based European Business Jets (EBJ) is reporting full order books and rapid expansion just 30 months after launching on London's AIM stock exchange. Graham Deary, ceo, says: "It was then just an idea but each of our aircraft are flying in excess of 100 hours a month so it has come on leaps and bounds."

There are plans to further expand the fractional fleet which currently offers three CJ1s and two CJ2s. EBJ also manages two XLSs and a CJ2 but Deary, who previously worked for NetJets in Europe and for Hawker, confirms EBJ's core business is fractional ownership. "The whole proposition is that five people can fly in their own private aircraft for a similar price to each of them paying club class on a scheduled aircraft."

[lbo] 21/10/2007 13:05

Private jet sales breaking barrier

[lbo] 12/10/2007 13:33

We're the new jet set: Why more people are getting a taste of the high life

[lbo] 12/10/2007 13:01

City bankers flock to France in army of private jets for World Cup clash no-one
expected

[lbo] 12/10/2007 12:56

Industry experts said that it was not just the super-rich turning their back on commercial airlines, but also the chief executives of companies across Britain. Seven customers at Air Partner, the private jet charter firm, have bought their own aircraft this year.

David Savile, Air Partner chief executive, said: "If I told you the names you wouldn't recognise them. None of the seven feature on the Sunday Times Rich List. It is the next level down. Growth in this market at the moment is simply phenomenal."

Mr Savile attributed the sharp rise in the number of orders for private jets to the preference for face-to-face business meetings and growing frustration with long-haul scheduled services.

He added that as customers get more used to hiring private jets from firms such as Air Partner or NetJets, the natural step is for them to buy one. One of the cheapest on the market, the six-seater Cessna Citation Mustang, costs £1.3 million.

[lbo] 11/10/2007 08:43

Air Partner FY pretax soars 49 pct on high net worth market push

LONDON (Thomson Financial) - Air Partner PLC saw its full-year pretax profit rise by 49 pct on the back of further expansion into the private high net worth market.The private aviation services firm said its annual pretax profit increased to 7.6 mln stg from 5.1 mln last time on sales 32 pct higher at 185.8 mln. The group's diluted EPS shot up 46 pct to 50.3 pence from 34.4 pence.The company has proposed a final dividend of 13.3 pence -- up 10 pct on last year's handout of 12.1 pence. Air Partner also said it would pay a special dividend of 60 pence per share -- roughly equivalent to 6 mln. The firm said it is encouraged by forward bookings that are currently 15 pct ahead of the same period last year, adding that the group is "well-placed for the future".

[vuelands] 28/9/2007 20:01

Im hoping that at next weeks shareholders meeting we are going to hear some very encouraging news. good luck every one.

[adventurous] 26/9/2007 07:24

>>and will not put up with waiting to board planes

>>from what I've seen, the unwashed masses don't take too kindly waiting to >>board charter flights either.... !!!

Which is two reasons why the likes of EBJ with fractional ownership will do so well in the future!!

[don muang] 24/9/2007 20:50

>and will not put up with waiting to board planes

from what I've seen, the unwashed masses don't take too kindly waiting to board charter flights either.... !!!

[vuelands] 24/9/2007 17:22

The rich are getting richer, and will not put up with waiting to board planes,unlike us lesser mortals. This company is very much undervalued, hence the various stake builders.

[lbo] 24/9/2007 12:26

Mr Rooney buying more shares again. Perhaps he can help.

[don muang] 21/9/2007 10:32

.... perhaps they're right this time .... but I gave up reading it after they gave positive write-up to Subsea immediately before that crashed... !

[lbo] 21/9/2007 09:07

Got a positive write up in yesterday shares mag. Seems to be very few positives at the moment.

[lbo] 11/9/2007 13:57

£3 a share! I presume you mean 3p a share. The company themselves said they were approached and rejected offers. But its high risk and high failure rates in aviation



European Business Jets Rejects Takeover Approaches

[baht] 07/9/2007 12:27

Talk of take-overs has brought some con-men out of the woodwork. I know two other shareholders who have been approached by a US based "Broker" (I use the term loosely) saying that they had a client interested in the co & willing to pay a huge premium over current share price One shareholder said they were talking in terms of £3 a share. Clearly highly suspect if not an outright scam of some sort and to be avoided like the plague I recon. They probably want you to assign your shares to them and then once they have the shares are you likely to see any money? - I don't think so.

I cannot say for certain that this is a con but if something sounds to good to be true it usually is. I know I wont be accepting their pony.

[lbo] 06/9/2007 13:41

Woman who bought £1.3m jet to beat the airport queues

[lbo] 06/9/2007 13:28

Cambridge at heart of global business aviation rise



In the last few years, the business aviation industry has boomed and the pace of expansion shows no signs of abating.

A number of significant factors and events have altered people's perceptions of business aviation and industry guru Honeywell predicts that more than 12,000 new corporate jets will be bought by operators in the next nine years at a cost of $195 billion to cover both fleet replacement and expansion. That follows a near-26 per cent surge in new jet purchases last year.

But not everyone has the need or the finances for their very own aircraft, and as a result fractional ownership is becoming an increasingly popular and viable option – a means of enabling corporate travellers to select the right aircraft to suit their requirements in both range and passenger capacity.

Strong demand is being seen in Asia, Africa and the Middle East – as well as Europe and the US – and a Cambridge company is right at the heart of this exciting and massively growing market

[jfinvestor] 01/9/2007 00:06

By far the most important feature of these results was the cash flow. Although the group was free cash flow negative for the year as a whole it was actually positive to the tune of £250k in the second half. With trading having got considerably stronger since the end of the period under report I think we can look forward to really meaningful cash generation over the coming year. Also, when compared to the tone of the interim statement it's clear how far this company has come over the last nine months and with a mkt cap of only £4.5m there should be excellent further upside as the fleet expands.

[barts] 31/8/2007 18:19

European Business Jets FY pretax loss narrows to 1.2 mln stg on increased sales


LONDON (Thomson Financial) - AIM-quoted private jet operator European
Business Jets PLC slightly narrowed its full-year pretax loss on turnover that
rose nearly seven times.
The company reported pre-tax loss for the period to end-March of 1.17 mln
stg compared to 1.39 mln stg last year as turnover surged to 4.28 mln stg from
608,255 stg.
European Business Jets said in line with the rapidly increasing demand for
private jets it has experienced a strong rise in new customers and exploratory
enquiries.
The group said looking forward to 2008-2009, it believes it has a foundation
for sustained growth and revenue generation.
Chairman Brian Moritz said the company looks to the future with increasing
confidence as card sales continue to contribute positively to cash flow,
fractional sales accelerate and the purchase of new aircraft.

[lbo] 29/8/2007 11:59

City bonuses soar 30pc to £14 billion high
By Sophie Borland
Last Updated: 2:06am BST 29/08/2007



Bonuses taken home by City workers have gone up by 30 per cent in the last year, fuelling a mass demand for luxuries such as yachts, Rolls-Royces and country homes

[lbo] 15/8/2007 13:05

Jet Expert: Fractionals Seeing Black

[lbo] 11/8/2007 16:53

I see they are exhibiting at this event advertised above

[lbo] 09/8/2007 09:08

Worrying that in such a "buoyant" market EBJ is still losing money



Air Partner Plc (AIP LN) rose 37.5 pence, or 3.2 percent, to 1,225. The company, which charters aircraft for Britain's Queen Elizabeth II, said it expects to report that full-year pretax profit rose 50 percent because of a ``buoyant'' market for private jet travel.

[don muang] 08/8/2007 12:28

perhaps news is already priced in as share price has already nearly quadrupled since lows earlier this year ....