Floated on the London Stock Market back in 1989, early investors have now seen over 1,500% price growth, and more than 400% of the float price returned in dividends to date.
In a very fragmented marketplace, where many supplier airlines are not structured for direct selling, both the buyer and the seller benefit greatly from the active involvement of a reseller who adds heavily to the value proposition on each side.
Prior to the current economic recession, the company increased its core dividend by at least 10% pa for 14 consecutive years, whilst additionally paying four notable special dividends. In that period it also produced 20% annual growth of reinvested shareholder funds, outperforming the FTSE All-Share two to one. In October 2008 it increased its core dividend by 50%, and adding a further 10% at the Interims of 2009. In October 2009 it maintained the dividend at the increased level. Hence, since flotation, the company has returned 334 pence in cumulative dividends, or 416% of the float price, with a TSR of over 2000%.
Its shareholder base includes some 40 leading financial institutions in both the UK and Europe.
Click on the links below for the detailed information available. Any further information you require can be requested from invest@airpartner.com.
