Trading Update

Air Partner plc

("Air Partner", "the Group" or "the Company")

Trading Update

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

Air Partner's half year results released in March 2010, reported tentative signs of recovery in the fourth quarter. Following this, the Group's June IMS stated that trading had been good in May and, as a result, Group profitability for the year end was anticipated to be ahead of expectations. With the financial year now largely complete, the Board is pleased to report that trading has remained good throughout the fourth quarter.

As a result, the Board now expects full year Group profits, on an underlying* basis, to be ahead of our revised expectations reported in the June IMS. However, while the fourth quarter enjoyed good trading, forward visibility remains poor and the Group remains sensitive to any further economic deterioration.

Air Partner now enters a closed period ahead of announcing full year results on 12 October 2010. The Board reiterates its intention to recommend a dividend at the full year. An update on the re-structuring and transition back to Air Partner's core broking business will be provided with the results. 

A presentation of the results will be held on 12 October 2010 at 60 Cannon Street, London, EC4N 6NP. If you would like to attend the presentation, please contact Tom Allison or Nicola Flynn on T.020 7002 1080 or email: [email protected]

*Underlying basis - excluding the Private Jet Operating Company and associated re-structuring costs

Ends

28 July 2010

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Notes to editors: Please ensure "Air Partner" is written in its correct singular form, not in the plural.