PRIVATE JET PROFITS TAKE OFF

PRIVATE aircraft broker Air Partner has posted before tax profits of £3.5m for the year ending 30 July 2010, putting the figure ahead of market expectations of £3m. The group, said it is fully committed to its broking business, which has remained profitable through the recession. Air Partner said that it has completely closed its Private Jet Operating Company, which posted £4.4m in losses for the year.