Results for the year ended 31 July 2011

Air Partner is a leading provider of private aviation services to industry, commerce, governments and individuals worldwide.

Highlights:

• Focus on core broking has delivered strong results, despite a difficult trading environment.

• Profit before tax up by 93% to £5.3 million; revenue up 23% to £282 million

• Final dividend proposed of 11 pence per share, bringing dividends for the period to 16.5 pence per share, up 10%

• Year characterised by response to unusual trading circumstances: shortage of wide bodied aircraft in first half, Arab Spring evacuations of 12,000 people in 6 weeks and aid flights to Japan and New Zealand in second half

• Investment in skills and focus on sales already being seen in growth of revenues from non-UK offices

• Cautious further investment to secure sustainable increases in profitability over the longer term

• Aubrey Adams to stand down as Chairman in due course, to focus on other roles, once the search for his successor has been completed