Dart Group PLC
12 February 2003
For Immediate Release 12 February 2003
DART GROUP PLC
TRADING UPDATE
Dart Group PLC, the aviation services and distribution group, announces today
that trading to the end of January remained satisfactory and full year profits
are anticipated to be in line with current market expectations.
Significant progress has been made in the amalgamation of the separate companies
that currently comprise the Distribution Division into a single trading entity,
which should be largely complete by 31 March 2003. The costs of this
re-organisation are contained within the current market forecast.
In the Aviation Services Division the initial level of customer reservations in
respect of its low cost airline, Jet2, has been encouraging. As a result of
customer demand, on 3 January 2003, Jet2 announced that it would also be flying
to Alicante, in addition to the six European business and leisure destinations
already announced. Investors can find full details of the Jet2 operation on the
company's website, www.jet2.com. The inaugural flight of Jet2 from Leeds
Bradford to Amsterdam took place today.
Enquiries: Philip Meeson, Chairman and Chief Executive
Tel: 01202 597680 Mobile: 07785 258666
Mike Forder, Group Finance Director
Tel: 01202 597680 Mobile: 07721 865850
This information is provided by RNS
The company news service from the London Stock Exchange
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