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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Air Liquide SA | AQEU:AIP | Aquis Europe | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.88 | 0.49% | 179.96 | 179.94 | 179.98 | 181.52 | 178.80 | 179.22 | 44,289 | 16:29:59 |
RNS Number:1779N Air Partner PLC 04 July 2003 Air Partner PLC Trading Update Despite the continuing adverse effect of the worldwide slow down in corporate air travel, Air Partner, the global corporate aircraft charter broker, today reports improved trading since 7 January 2003. The difficult global situation has affected Air Partner both positively and negatively: the company has experienced a net increase in sales, notably from offices in continental Europe and the US, whilst the UK market has remained static. At the operating level, the business mix is extremely fluid, with each territory seeing differing effects across a range of market sectors. Whilst, the net effect is positive, the increasingly competitive environment has negatively affected margins. The lack of predictability within the industry remains an issue. This year's figures, due to be released in October, will be helped by careful cost control across the company and the re-alignment of the US business. Consequently, the Group is anticipating reporting results above the City's current expectations for the year ended 31 July 2003. David Savile, Group Managing Director of Air Partner PLC commented: "Despite the appalling aviation environment over the past 9 months, I am pleased to report that the company continues to grow its sales. Not surprisingly, in a weak market, our margins have slipped in certain areas. But, our strategy remains on track as we focus on extracting every opportunity we can. The Air Partner team has yet again demonstrated that our business model remains robust and valid." 4th July 2003 ENQUIRIES: Air Partner Tel: 01293 549 555 Tony Mack, Chairman David Savile, Group Managing Director College Hill Tel: 020 7457 2020 Tom Allison Kate Pope This information is provided by RNS The company news service from the London Stock Exchange END TSTEAFXLEAFDEFE
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