Air Partner board focuses on further efficiency benefits

Air Partner’s board continues to monitor the group for opportunities to increase efficiencies and optimise the company’s return to growth once the economic climate improves, according to Aubrey Adams, non-executive chairman.

He says in a management statement that the company remains in a strong financial position with no debt and £16m of cash at 31st October 2009. But recent quarters have been characterised by slower demand and weaker rivals discounting on price.