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Avantair revenue up 5%, operating profit up 20% in FY2010

23-Sep-2010 11:50 AM

Avantair revenue up 5% - financial highlights for the 12 months ended 30-Jun-2010:

  • Revenue: USD143.0 million, +5% year-on-year;
  • Operating profit: USD1.7 million, +20.0%;
  • EBITDA: USD7.2 million, +7.5%;
  • Net profit (loss): (USD5.5 million), compared with a loss of USD5.9 million in p-c-p;
  • Flight hour cards sold: 388, +143.0%. [more]