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Air Partner continues to fly high with acquisition of Clockwork Research

December 13, 2016
Air Partner, the global aviation services group, has acquired Clockwork Research, a leading Fatigue Risk Management consultancy.
Air Partner, the global aviation services group, has acquired Clockwork Research, a leading Fatigue Risk Management consultancy.
The company was founded in 2005 by Paul Jackson PhD MSc BSc and Alexandra Holmes PhD BSc Hons and has grown to become a recognized leader in the specialist area of Fatigue Risk Management Systems.
Based in London, the company’s core team of specialists is supported by consultants in the USA, Europe, Middle East and Australia.
Clockwork Research delivers innovative and effective fatigue risk management solutions for clients across various sectors of the aviation industry, as well as other safety-critical operating environments, such as the Oil & Gas and Mining sectors. ....

United States , Gorod Astana , City Of , United Kingdom , Virgin Atlantic , Baines Simmons , Alex Holmes , Repsol Sinopec , Mark Briffa , Paul Jackson , Air Astana , Aer Lingus , Air France , Qatar Airways , Titan Airways , Southwest Airlines , Civil Aviation Authority , Clockwork Research , Newmont Mining , Maldivian Airways , Cathay Pacific , Norwegian Airways , Oil Gas , Air Partner , Fatigue Risk Management , Paul Jackson Phd ,

Investegate |Air Partner PLC Announcements | Air Partner PLC: Full year results for year ended 31 January 2021

Underlying results are stated before exceptional and other items (see note 5)

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Gross profit up £10.7m (31.3%) to £44.9m due to exceptional trading in Group Charter and Freight
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Overall, the US contributed 39.6% to total Group gross profit
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Underlying profit before tax of £11.6m, up £7.4m year on year (176.2%), driven by strong trading and cost saving measures
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Statutory profit before tax of £8.4m
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Basic EPS of 9.4p
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Net cash (excluding JetCard cash) of £9.9m, from net debt of £6.9m at 31 January 2020
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Liquidity headroom of £24.4m, comprised of net cash (excluding JetCard cash), an undrawn RCF facility of £13.0m and £1.5m overdraft
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Recommended final dividend of 1.6p per share (2020: 0.0p), making total of 2.4p per share for the whole year, up 33.3% on pr ....

United Arab Emirates , United States , United Kingdom , City Of , New Zealand , West Sussex , Led Warner , Baines Simmons , Alycia Macaskill , Tom Allison , Richard Jackson , Joanne Estell , Amanda Willis , Mark Briffa , United Kingdom Travel Agency , Registrar Of Companies , Employee Advisory Panel , European Union , Group Or Company , Group Travel Agency , Engineering Ltd , Charter Group , International Financial Reporting Standards , London Stock Exchange , Clockwork Research , Group Executive Team ,