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Air Partner – a currently very rare “well ahead of both budget and the prior year”...

By Steve Moore | Wednesday 1 April 2020

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Aircraft charter and aviation safety & security consulting and training company Air Partner (AIR) has updated including “the unaudited management accounts for February and the flash report for March show that each month generated profits well ahead of both budget and the prior year. The current indication is that the group has delivered around £2.4m of underlying profit before tax in the first two months of the year” – and the shares have currently responded above 50p, up from sub 20p as recently as early last week…

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