Air Partner Share Discussion Threads

[haroldthegreat] 19/9/2017 11:38

In fact as we are just brokers they could if they wanted to just go direct and hire planes and crew themselves.

[haroldthegreat] 19/9/2017 11:30

With Ryan air screwing up perhaps we should be offering planes and crew to them. perhaps we only do planes and crew together and not just crew when they have loads of planes lying idle ? Thinking about it surely there are agencies to get pilots in an emergency so why don't Ryan air contact them ?
Possibly easier and cheaper to cancel flights for their poor suffering passengers. after all they will probably travel with Ryan air again if their flights are cheapest available at the time.

[dozey3] 01/9/2017 13:17

Good news indeed, but would have been nice to see an indication of what it's worth. Anyhow will help iron out volitility in the charter side.

[masurenguy] 01/9/2017 09:38

Good contract win !

RNS Number: 4841P
Air Partner PLC
01 September 2017

Baines Simmons Wins European Defence Agency (EDA) Consultancy Contract

Air Partner's aviation safety consultancy company Baines Simmons has been awarded a four-year contract to provide consultancy and training services to the EDA, supporting continued development and deployment of the full suite of European Military Airworthiness Requirements (EMARs). Baines Simmons will provide EMAR development and implementation advice, guidance and training to the EDA and its 27 participating Member States. The programme will cover:

-- Continued evolution of the European Aviation Safety Agency (EASA) baseline requirements
-- Safety Management System (SMS) implementation
-- Remotely Piloted Aircraft Systems (RPAS).

Baines Simmons has supported the development and implementation of Defence Airworthiness Requirements since 2002, working with MAAs, Defence Forces and Partner organisations in the UK, Europe and Australia. Baines Simmons' partnership with the EDA and involvement with the European Military Airworthiness Authorities Forum (MAWA) has enabled it to strongly influence the development of the EMARs. It is expected this will positively affect the airworthiness of military aircraft operated across the EDA's participating Member States for decades to come.

To date, Baines Simmons has already supported countries including The Netherlands, Sweden and Australia on their EMAR competence development. This year it has also been awarded a contract to provide aviation safety consultancy services to the Royal Air Force of Oman (RAFO) to help improve and safeguard the airworthiness of all RAFO aircraft.

Mark Briffa, Group CEO of Air Partner plc, commented: "Over the last 15 years, Baines Simmons has built a first-class reputation for safety performance, having helped develop the skills and expertise of over 120,000 aviation professionals at all levels. Having served as a trusted advisor to more than 450 of the world's leading aviation organisations and some 45 national aviation regulatory authorities, we are extremely well placed to support the EDA as it further develops the EMARs."

Bob Simmons, Director at Baines Simmons, said: "We are delighted that the EDA has, for the third time, chosen to engage Baines Simmons to provide specialist support in the continued development and implementation of the EMARs. As recognised by the EDA selection, we retain an extensive in-house team of technical specialists experienced in both civil and defence sectors to assist with EMAR implementation, alongside experienced regulatory authority staff. The award of this long-term framework agreement will bring a level of stability, consistency and cohesion to the requirements, maximising the benefits to the participating Member States and European defence industries alike."

Henk Corporaal, Project Officer, Airworthiness, at the EDA, said: "The EDA has contracted Baines Simmons a couple of times for consultancy support in the last few years. From our experience, we learned that the company is a very knowledgeable and capable partner to support the EDA and its participating Member States in the development of EMARs. Now, as the focus of the MAWA Forum is shifting to addressing new requirement topics and implementation, we are very much looking forward to working with Baines Simmons in order to maintain the EMARs to the latest standards, as well as to develop best practices for implementation."

[dontay] 27/8/2017 13:30

The prevailing global volatility and uncertainty seems to be having a good impact on AIR and with no sign of global conditions changing for the better any time soon it should be all to the good for this stock. The market will probably wait to see the numbers on how much of this superb percentage rise in PBT is down to currency reasons and increasing margin... and how much is down to real new business growth... but there does seem to be at least some anecdotal evidence that new business IS indeed growing quite considerably across the board... and of course the resultant effect on repeat of existing business will also continues the growth story for the future. There could IMO... even be case for a rerating for AIR.The blockade of Qatar by several of its neighbours is just one story in the news that has apparently created new opportunities for airfreight to bypass the more usual surface transport alternatives in that region and there is anecdotal evidence that the situation there has also helped Air Partner in its freight business.

[topvest] 25/8/2017 13:31

Yes, all looks good for now.

[speedsgh] 25/8/2017 09:18

I particularly appreciate their honesty in the Outlook statement re volatility i.e. relatively low earnings visibility. If only all companies were this straight with their shareholders.

[robsy2] 25/8/2017 08:59

Good results, well communicated.
R2

[masurenguy] 25/8/2017 08:13

Great update, with a 33% profit increase in H1 !

25 August 2017
PRE-CLOSE TRADING STATEMENT

Air Partner plc ('Air Partner' or 'Group'), the global aviation services group, is today releasing a trading statement for the six months ended 31 July 2017, ahead of entering its close period on 29 August 2017. A detailed update on business performance will be provided with the interim results, which are expected to be released on 28 September 2017.

Air Partner has made a strong start to the year with underlying pre-tax profit for the first half of the financial year expected to be not less than £4.0m, which compares to £3.0m reported in the same period last year. The Group retains a strong net cash position. Our Broking division, comprising Aircraft Charter and Remarketing, has performed well across all product lines during the first half, while the Consulting & Training division is delivering solid results with an encouraging pipeline of opportunities to be secured in the second half of the financial year.

In line with our growth strategy, the Board continues to assess investment opportunities, both organic and acquisition, to enhance or extend the services and capabilities we offer our customers around the world, and to strengthen and advance our market position. We are on a journey of transformation, with the clear objective to become a more balanced business, with two market leading divisions - Broking and Consulting & Training - providing exceptional service and value to our customers globally and delivering high quality and increasingly visible earnings to our shareholders.

Outlook

The Board is pleased with the strong start to the year and remains comfortable with its expectations for the full year. As we always state, in the world of aviation, and most especially in the global charter industry, it is prudent to be ever cautious and vigilant. The global charter business has always been, and will continue to be, a volatile industry, and against this backdrop we will manage the business for the long term, with a very clear strategy of alignment to the needs of our global customer base.

[speedsgh] 18/8/2017 10:27

A rehash of the Press Release on the AIR website yday but should naturally bring AIR to the attention of a much wider audience...

Why private jets are the next big thing for 'poorer' millionaires -

[dontay] 17/8/2017 14:33

Trading update due next week.

[speedsgh] 17/8/2017 12:02

Air Partner’s Predictions for the Private Aviation Market -

[dontay] 31/7/2017 17:42

Not so good for average families planning to get away, of course, but a rather persuasive article for potential private charter clients all the same... and these conditions probably gives some credence to their recent claims that they are experiencing big increases in bookings:Aviation bursting at seams in busiest-ever summer for airports and airlines:The busiest-ever summer for holidays abroad is putting unprecedented strain on airlines, airports and passengers.Thousands of travellers remain stranded after their weekend flights were cancelled, with easyJet alone grounding at least 28 flights.The budget airline is blaming "congested airspace, particularly in the London area, adverse weather and air traffic control delays."Heathrow and Gatwick airports are handling far more passengers than their design capacities. Airspace over France, used by more than 1,000 British flights every day, has too few staff to handle the growth in traffic. And tougher passport checks at European airports mean passengers face queues of up to four hours to pass border controls, with thousands of flights delayed as a result.

[dontay] 26/7/2017 17:40

A good sole agency contract win from the Saudi's. I can't imagine there would be such good fortune to find anyone in the market to buy all 15 passenger jets of this size though... presumably it will take some time and will probably need to find several buyers. The share price seems to be making a full recovery from it's slide and recent news would suggest that all divisions of the company are expanding quite rapidly... if that also includes the main brokerage side gaining some new growth rather than relying on just increasing the margins through renewals from existing clients... then next months TS could provide a considerable further boost from present levels.

[cheaky monkey] 26/7/2017 17:22

Well that's a nice bounce after hovering near 100p. Must admit I was close to bailing out but couldn't see any reason for the drop so stuck with it. Glad I did at the mo but this is a volatile stock. Let's hope we can push on up through recent highs.

GLA

CM

[masurenguy] 25/7/2017 07:39

Great news !

RNS Number : 9443L
25 July 2017
AIR PARTNER PLC

Air Partner is appointed by Saudi Arabian Airlines as its exclusive remarketing agent

Air Partner's Aircraft Remarketing division (formerly Cabot Aviation), a leading aircraft remarketing agent, is pleased to announce that it has been appointed by Saudi Arabian Airlines ("Saudia") as its exclusive remarketing agent in respect of fifteen Boeing 777-200ER aircraft. These state-of-the-art Boeing aircraft were purchased from Boeing and delivered new to Saudia from 1997 onwards. They are powered by GE90 engines and have a total of 232 seats in a tri-class configuration layout, comprised of 24 First Class seats, 38 Business Class and 170 Economy seats.

Saudia is undergoing a revitalisation of its fleet, which includes phasing out these Boeing 777-200ER aircraft as it makes room for higher-density aircraft to align with its upcoming network growth plans on both regional and international routes. As part of the airline's SV2020 Transformation Plan, multiple new aircraft are joining the Saudia fleet monthly, allowing the carrier to optimise its network to offer increased capacity on existing routes, and also to introduce new destinations.

The ongoing fleet investment will bring the airline's average aircraft age to 3.75 years by the end of this year, which is a key element of Saudia's targeted strategy to operate one of the youngest fleets in the skies. By 2020, the airline is set to operate 200 aircraft in its fleet. New aircraft to be delivered to Saudia include: A330-300s, B787-9s and B777-300ERs. Saudia currently operates to 86 destinations across four continents from the Kingdom of Saudi Arabia. At the 2017 Skytrax Awards held at the Paris Air Show in June, Saudia was awarded "World's Most Improved Airline" of the year. The award recognises an airline's growth and improvement across a number of categories, in a single year.

Mark Briffa, Chief Executive Officer of Air Partner plc, said: "We are delighted to have secured this mandate with Saudi Arabian Airlines and look forward to using Air Partner's extensive experience and international network of contacts to sell these aircraft."

Tony Whitty, divisional MD of Air Partner Remarketing, commented: "This appointment follows a successful period for our remarketing services, during which we have also completed the sale of two B737-700s and a new GE90 engine on behalf of Kenya Airways and two B747-400s for China Airlines."

[dontay] 24/7/2017 23:19

I expect it to be be true as far as it goes. The holiday period increase is expected as a normal course of events for this time of the year of course... but if the April/June figure is indicative of a general increase in business above the norms for 'out of season' months then that'll be reflected in next months update... and so promises to be good news indeed!

[dozey3] 24/7/2017 21:31

Surprised this price sensitive info is given on FB. At least it would appear to be good news ... if true.

[dontay] 24/7/2017 18:58

Latest blurb from Air on FB boasts they have witnessed a 37% increase in bookings across April & June versus the earlier months of the year and expecting 100% increase from normal levels between now and end of August. So that ok then!

[pvb] 17/7/2017 21:33

It's day to day share price is still pretty volatile, isn't it? ;-)

ADVFN's quoted per is still nonsense, I see.

[pvb] 11/7/2017 13:40

Well, it has always been pretty volatile and sensitive to what is happening in the economy. Perhaps with the economy slowing and the prospect of interest rates rising it is taking a dip.

I believe their recent history of acquisitions is intended to try and smooth the earnings over the year and the business cycle.

BTW. The ADVFN per figure is nonsense; presumably because of the share split - perhaps multiply by five, so over twenty.

[dozey3] 11/7/2017 11:14

Certainly sellers seem to have the upper hand and maybe there is bad news leaking out as often happens. Brexit wouldn't seem a problem, quite the reverse with worldwide earnings. The latest outlook was favourable and even netting off Air Card advance payments the company is cash rich. If it relocated to AIM, gaining the favourable IHT treatment, then I would be piling in. As it stands my modest holding is not for sale. Steady as she goes.

[robsy2] 11/7/2017 10:26

No idea but it's gone through my tightened stop loss , so I need to do some thinking....
To paraphrease the great Joe Strummer ;Should I stay or should I go now? If I stay there could be trouble, if I stay I should buy double.
Apologies
R2

[cheaky monkey] 11/7/2017 10:18

Anyone any idea why this is showing such weakness? Thought the last update was pretty sound?ThanksCM