PremiAir reported steady growth


Company reported steady growth and the industry might be seeing some recovery from the downturn

PremiAir Hawker 750PremiAir has reported a steady growth in its aircraft
management activities, generating confidence that the industry may be seeing
some recovery from the economic downturn..

“Our Learjet 45 fleet has been operating charters for
nine months now, during which time we have seen a steady increase in aircraft
utilisation,” said David McRobert, group managing director. “We are delighted to
see that the Learjets are now working hard, with charter hours and revenue
exceeding forecast levels in our 2011 business plan.  We are now expanding
our charter fleet with the addition of a new type, the Hawker 750, which will
be joining the fleet in August.”

This represents a significant step for PremiAir, with
the Hawker 750 offering clients an exciting additional mid-size jet to
complement the current Learjet fleet.

The aircraft built in 2009, will be based at Biggin
Hill and features include, a stand-up cabin, entertainment systems and Satcom
plus the additional baggage bay which only the 750 model can offer. 

Neil Gibson, director of charter and management said “We’ve been a key player in the management and
charter of executive helicopters for 30 years, so our continued, steady growth
in the private jet management and charter sector is a natural progression for
our experienced team. PremiAir offers clients an integrated helicopter and
executive jet management service, backed-up by our extensive in-house aircraft
maintenance, airworthiness management and aircraft sales teams, with a focus on
delivering the highest quality services throughout all our business

David McRobert highlights an encouraging
increase in charter operations, reporting aircraft utilisation and charter
revenues above budget and closer to those experienced before the economic
climate worsened.

“Whilst we are by no means at 2007 revenue levels, in
some areas of our charter business we are seeing a return to pre-recession
spending, which we saw drop away when the economic downturn hit. In particular,
the re-emergence of corporate incentive and sports hospitality bookings, which
decreased dramatically in 2009, has been an extremely positive sign and has
provided a significant boost to business revenues.”

The PremiAir charter and management team recently
enjoyed revenues from the British Grand Prix and The
Open Golf Championship related operations.

“Our entire charter fleet and several additional
helicopters were utilised for the British Grand Prix,” commented Gibson. “We
flew more than 370 passengers into Silverstone over the three day event, with
every passenger treated to a luxury service – champagne breakfast, dedicated
terminal facilities, personal handling by PremiAir staff and the reassurance
that our large fleet of VIP helicopters and highly trained team could cope with
any last minute changes of plan.”

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