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11 May 2021 | 09:13am StockMarketWire.com - Aviation services group Air Partner said first-quarter performance was ahead of management's expectations after reporting a jump in annual profit. For the year ended 31 January 2021, pre-tax profit rose 833% to £8.4 million as revenue increased 6.7% to £71.2 million. Profit growth was driven by 'strong trading and cost saving measures,' the company said. The company recommended a final dividend of 1.6p per share, taking the total dividend to 2.4 pence per share, up 33.3% on prior year. 'We have started the new financial year ahead of expectation...

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10 May 2021 | 09:58am StockMarketWire.com - Security solutions group Redline, an Air Partner company, said it had recently secured six business wins with both UK and international customers, totalling in excess of £1 million in revenues. Customers included international airports, public transport operators, regulatory bodies and government support agencies. Four of these six contracts were renewals or extensions including a three-year contract renewal by Edinburgh Airport for Redline's x-ray threat image recognition training, or TIRT, system. 'Redline is seeing increased demand for its sec...

The air charter services market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020. With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward i...

Share this article NEW YORK, May 3, 2021 /PRNewswire/ -- The air charter services market is expected to grow by USD 7.67 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the air charter services market in optimistic, probable, and pessimistic forecast scenarios. Air Charter Services Market by Application and Geography - Forecast and Analysis 2021-2025 Enterprises will go through the Response, Recovery, and Renew phases. The air charter services market will witness a negative impact during the forecast period owi...