Air Partner: A new orbit

Air Partner (LSE: AIR)  82p Mkt Cap:  £52m

Today, Air Partners reported a record set of finals to January 2021. It is the only listed air charter broker and aviation safety & security consultancy and  benefited from Covid stimulated demand for its socially distanced Group Air Charter and extra for freight. 

Its gross profits increased by 31.3% to £44.9m and due to operational leverage the PBT increased 176.2% to £11.6m, which was also supported by cost cutting measures. Founded in 1961, Air Partner is a diversified global aviation services group providing aircraft charter and aviation safety & security solutions to industry, commerce, governments, and private individuals, across civil and military organisations...

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