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Dart Group, parent of LCC,, reported a 23% year-on-year increase in revenue to GBP429 million in the 12 months to 31-Mar-08, driven by further expansion of its scheduled airline operations. significantly expanded its route network from 114 to 133 routes (+17% year-on-year). Profit before tax amounted to GBP11.8 million in the period, compared to a loss of GBP3.6 million in 2007. Dart Group’s share price rose the most in nine years in London trade on the profit report. [1262 words]

Unlock the following content in this report:


  • Aviation sector reports 29% increase in revenue
  • Yields and load factors fall as network expands
  • Increased focus on ancillary revenues
  • Charter and holiday segments to improve load factor on scheduled services
  • Hedged majority of fuel requirements for next 18 months
  • Turbulent times ahead, but more focused in FY08

Graphs and data:

  • financial highlights for 12 months ended 31-Mar-08
  • capacity share (seats) by country
  • Week commencing 28-Jul-08
  • European carriers hedging position: May-08 and Jun-08
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