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Air Partner continues ascent after profit growth takes off Tue, 11th May 2021 11:52 (Alliance News) - Air Partner PLC on Tuesday announced a record year of trading, despite severe disruption in the aviation industry as demand for charter flights and freight services increased. Shares in Air Partner were up 10% at 85.97 pence in London in late morning trading. Pretax profit at the Gatwick-based aviation services firm ballooned to GBP8.4 million for the year ended January 31, up from GBP936,000 in 2020. Full-year revenue grew 6.7% year-on-year to GBP71.2 million from GBP66.7 million. The compa...

FirstGroup shares accelerate after deal to terminate TransPennine contract A look at the major movers on the London market on Tuesday It may be a down day for the markets overall, but FirstGroup PLC (LON:FGHP ) has managed to travel in the right direction. Its shares are up 2.11% or 1.55p to 75p after the transport group agreed to pay the Department for Transport a final £6mln to cancel its TransPennine Express railway franchise, taking the total it has paid to £48.5mln. It said this was around £50m better than its last assumption. The group has already given up the South Western Railway...

FirstGroup shares accelerate after deal to terminate TransPennine contract A look at the major movers on the London market on Tuesday It may be a down day for the markets overall, but FirstGroup PLC (LON:FGHP ) has managed to travel in the right direction. Its shares are up 2.11% or 1.55p to 75p after the transport group agreed to pay the Department for Transport a final £6mln to cancel its TransPennine Express railway franchise, taking the total it has paid to £48.5mln. It said this was around £50m better than its last assumption. The group has already given up the South Western Railway...

* Underlying results are stated before exceptional and other items (see note 5)   · Gross profit up £10.7m (31.3%) to £44.9m due to exceptional trading in Group Charter and Freight · Overall, the US contributed 39.6% to total Group gross profit · Underlying* profit before tax of £11.6m, up £7.4m year on year (176.2%), driven by strong trading and cost saving measures · Statutory profit before tax of £8.4m · Basic EPS of 9.4p · Net cash (excluding JetCard cash) of £9.9m, from net de...

Air Partner firm Redline secures six business contracts Primary tabs 11th May 2021 Including both UK and International customers, the agreements total £1m in revenues Air Partner company and leading provider of global security solutions, Redline has secured six business contracts with UK and international customers, including airports, public transport operators, regulatory bodies and government agencies. Four of the three agreements were renewals or extensions, including a three-year arrangement with Edinburgh Airport for the company’s x-ray threat image recognition training (TIRT) syst...