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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 |
TIDMJNY
RNS Number : 4076G
Journey Group PLC
06 June 2013
Journey Group plc ("the Group")
New contract win
Journey Group plc, the leading provider of in-flight products and catering services to the international airline and travel industries, today announces a new contract win for Air Fayre CA Inc (the Group's "US Division") with FedEx Corporation ("FedEx"). FedEx Corporation provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services.
The three year contract is for the US Division to provide in-flight catering services to FedEx's crew members for an average of 70 flights per week out of Los Angeles International Airport, a large port for FedEx domestic distribution, and is expected to commence from 1(st) July 2013. The US Division's existing Los Angeles facility will service the contract in addition to the average 130 commercial flights per day that it currently caters for.
Stephen Yapp, Executive Chairman, said: "Partnering with FedEx as a new client is strategically important for the Group, further demonstrating the unique flexibility of our model and widening our future opportunities. This continues the momentum of other recent announcements of flight awards from "Old Continental"/New United Airlines and JetBlue Airways which together have established the US Division as a business whose scalable patented model is building a platform for growth".
For further information please contact:
Stephen Yapp
Carl Fry
Journey Group plc
+44 (0) 20 8606 2000
info@journeygroup.plc.uk
N+1 Singer (Nominated Advisor & Broker)
Jonny Franklin-Adams
Matt Thomas
+44 (0) 20 7496 3000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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