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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Jet2 Plc | LSE:JET2 | London | Ordinary Share | GB00B1722W11 | ORD 1.25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 16.00 | 1.12% | 1,446.00 | 1,445.00 | 1,447.00 | 1,446.00 | 1,419.00 | 1,419.00 | 444,217 | 15:00:40 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Air Transport, Nonscheduled | 6.26B | 399.2M | 1.8593 | 7.73 | 3.07B |
From Jul 2019 to Jul 2024
TIDMDTG
RNS Number : 9146X
Dart Group PLC
03 September 2015
3 September 2015
Dart Group PLC ("the Company")
Annual General Meeting Statement and Announcement of Aircraft Order
At the Company's Annual General Meeting later today, Philip Meeson, Group Chairman and Chief Executive, will make the following statement:
"The good start to the financial year has continued with strong summer 2015 trading in our Leisure Travel business. Demand for our package holiday products continues to grow and as a result the number of package holiday customers as a proportion of overall flown customer numbers has increased. The business has also achieved higher airline ticket yields and load factors than in summer 2014. This performance is against a backdrop of slightly lower seat capacity.
Early indications for winter 15/16 Leisure Travel bookings are satisfactory.
We are also pleased that Fowler Welch, our Distribution & Logistics business, is currently trading ahead of last year as it continues to focus on growing its revenue pipeline and delivering operational efficiency improvements.
In view of the continued strong demand for our Leisure Travel package holiday and flight-only products, the Board is optimistic that Group performance for the financial year ending 31 March 2016 will materially exceed current market expectations. The Company will provide a further trading update in mid-October following the half year end.
The Board is also pleased to announce that, in order to meet the future anticipated growth of its Leisure Travel business and for planned fleet replacement, the Company has entered into an agreement with Boeing to purchase 27 new Boeing 737-800NG aircraft. These aircraft will be delivered between September 2016 and April 2018.
At current list prices, the total value of this transaction is approximately $2.6 billion though the Company has negotiated significant discounts from the list price. The aircraft are expected to be funded through a combination of internal resources and debt."
For further information contact:
Dart Group PLC Tel: 0113 238 7444 Philip Meeson, Group Chairman and Chief Executive Gary Brown, Group Chief Financial Officer Smith & Williamson Corporate Finance Tel: 020 7131 4000 Limited Nominated Adviser David Jones Canaccord Genuity - Joint Broker Tel: 020 7523 8000 Guy Marks / Mark Whitmore Arden Partners - Joint Broker Tel: 020 7614 5900 Christopher Hardie Buchanan - Financial PR Tel: 020 7466 5000 Richard Oldworth
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCPKBDNABKDCCK
(END) Dow Jones Newswires
September 03, 2015 02:00 ET (06:00 GMT)
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