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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Journey Grp | LSE:JNY | London | Ordinary Share | GB00B909HR51 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 241.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jul 2019 to Jul 2024
TIDMJNY
RNS Number : 4759P
Journey Group PLC
25 October 2012
Journey Group plc ("Journey" or the "Company")
New contract win
Journey Group plc is a leading provider of in-flight products and catering services to the international airline and travel industries.
Today Journey announces a new contract for its US Division with JetBlue Airways Corp. The contract, which is expected to commence in mid November 2012, is to provide in-flight beverage and snack services for an average of 30 flights per day out of Long Beach International Airport ("LGB").
JetBlue Airways is a low-cost US airline that began operations in early 2000. It currently serves more than 70 destinations in over 20 US states and 12 countries (across the Caribbean, South America and Latin America). Its hubs in order of flight volume are New York (John F Kennedy), Boston, Orlando, Ft. Lauderdale and LGB. LGB is a city-owned, public-use airport in the city of Long Beach serving Los Angeles and the Orange County.
Together with the award of the Continental flights, announced in September 2012, and the existing flights for United Airlines both out of Los Angeles International airport, the US Division will now cater for an average number of approximately 145 flights a day in high season and 120 flights a day in low season.
Stephen Yapp, Executive Chairman, said: "This strategically important contract for a new client at a new airport demonstrates the scalability and flexibility of our unique model. We believe our award-winning patented model continues to strengthen our competitiveness by delivering both high quality and financial improvements for our customers. This financial year, the US Division has made significant strategic and financial progress and we remain positive about continuing the momentum in shareholder value creation."
Journey Group plc contacts:
Stephen Yapp
+44 (0) 20 8606 2000
info@journeygroup.plc.uk
Carl Fry
+44 (0) 20 8606 2000
info@journeygroup.plc.uk
Singer Capital Markets Limited (Nominated Adviser & Broker):
Jonny Franklin-Adams
Matt Thomas
+44 (0) 20 3205 7500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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