Dart Group PLC
3 May 2002
FOR IMMEDIATE RELEASE 3 May 2002
Dart Group PLC
CLASS 2 TRANSACTION
Dart Group PLC today announces that it has exchanged contracts for the purchase
of four Boeing 737-300 aircraft. These aircraft were formerly operated by the
Australian airline, Ansett, since new. They will be used to increase the
capacity of the Group's B737 fleet of aircraft currently serving both the cargo
and premium passenger market places.
The consideration will be satisfied from both new and existing bank facilities.
The new aircraft are expected to make a positive contribution to the long-term
profitability of the Group from the 2003/04 financial year onwards.
Trading for the second half of the year ended 31st March, 2002 was satisfactory
and it is anticipated that the results due to be announced on 20th June, 2002
will be in line with current market expectations.
Contacts:
Philip Meeson Mike Forder
Chairman and Chief Executive Group Finance Director
+44 (0)1202 597680
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.