Hunt & Palmer Announce Good Preliminary Results
Despite another leading private air charter broker this week issuing profit warnings Hunt & Palmer has announced preliminary results for 2011 that indicate a significant increase in both turnover and profitability for the group.
This is due to some major contracts operated in both the commercial airliner and executive jet divisions, with contributions from many of the company’s overseas offices in particular Asia and America, which continue to exploit the emergent opportunities in their respective regions.
The company readily accepts that the noticeably subdued market for aircraft charter in Europe and the UK is very competitive at present however 2012 has already produced some large contracts out of the automotive industry and major sporting events including the Olympics and Euro 2012.
Jamie Martin, director said “ Despite the acknowledged economic difficulties in Europe our more focused approach on the high level commercial and service delivery skills embedded in our broking teams has obviously struck a chord with the market.
“At this early stage in the year I am pleased to note that several of our divisions are operating ahead of last year and we anticipate we can continue to make steady progress during a challenging 2012.”
The year was a positive one for this established air charter organisation as they not only celebrated their 25th anniversary but also acquired Premier Aviation, Europe’s leading air charter specialists for the rock and pop music tours industry.
In addition, Hunt & Palmer finished the year with a full company rebrand and a new marketing campaign which included the launch of their new website.