Air Partner shares jump on trading outlook, HAECO drops
Shares in UK-based aircraft broker Air Partner spiked 7.4% in trading on Monday. The company announced earlier this week that it expects its fiscal year first half results to be ahead of estimates, due to the commercial jet broker performing particularly well.
The company noted trading remained positive in the first half, after being forced to close its private jet operating unit in Mar-2010, due to the slump in the private business travel market.
Selected aviation suppliers daily share price movements (% change): 31-Jan-2011