QUICK SEARCH:
 
Latest News
Aviation International News
Airshow & Convention News
AIN Defense Perspective
AIN Air Transport Perspective
Business Jet Traveler
AINalerts
AINmxReports
AINtv
AIN Blogs


SUBSCRIBE NOW...

SPECIAL REPORTS

Bizav Web Directory
Visit our directory of manufacturers, suppliers and service providers

Issue Archives
Search through years of
AIN past issues


CALENDAR OF EVENTS
Search through the latest
events and conferences



REPRINTS

RSS Feed



Air Partner Private Jets Logs $4M Loss

The Private Jets division of charter broker Air Partner suffered a £2.5 million ($3.9 million) loss in its fiscal year that ended on July 31. Overall, the UK-based group saw profits before tax fall 57 percent to £4 million ($6.4 million) on sales that were 23 percent down at £194.3 million ($309 million).

In its financial results, Air Partner reported that it had to downsize the private jets business in response to a 21-percent dip in its sales to £46.4 million ($73.7 million).



Back

Share This Article With Others

Tweet thisDigg thisRedditBookmark on deliciousStumble thisShare on FacebookFave on Technorati

Related Articles

Marty Guinoo Steps In As New Sentient Jet CEO
March 11, 2010

Sentient Jet announced today that Marty Guinoo is taking over as CEO, replacing Steve Hankin, who has left the company for a new job as managing...

 
VistaJet and Flexjet Join Forces
March 01, 2010

Executive charter group VistaJet is joining forces with fractional provider Bombardier Flexjet to provide seamless access to each company’s...

 
$20M Verdict Against XtraJet Overturned
March 01, 2010

A judge in the 2nd District Court of Appeals in Los Angeles overturned an earlier $20 million judgment against defunct charter operator XtraJet,...

 
Avinode Upgrades Charter Search Engine
March 01, 2010

Online charter portal Avinode upgraded its new aircraft charter search engine, making it easier for charter brokers and operators to put...

 
Platinum Jet Trial Postponed until May
March 01, 2010

The trial of Michael and Paul Brassington, John Kimberling, Brien McKenzie and pilot Francis Vieira, executives and employees of now defunct...