Dart Group purchasing four new Boeing 737s
23rd Dec 2016 12:04
(ShareCast News) - Dart Group announced on Friday that it has entered into an agreement with Boeing to purchase a further four new Boeing 737-800NG aircraft in addition to the acquisition of a total of 30 aircraft announced in 2015. The AIM-traded firm said the additional four aircraft will be deliv
Read moreDart Group takes off on stronger package holiday sales
17th Nov 2016 09:21
(ShareCast News) - Dart Group reported better than expected interim results and was optimistic it will slightly exceed full year forecasts, as strong growth in its Jet2 package holiday business offset lower profits from its distribution and logistics arm. On revenue 21% higher at £1.24bn i the six m
Read moreDart Group 'disappointed' with Brexit vote as FY profits soar
14th Jul 2016 16:28
(ShareCast News) - Leisure travel and logistics group Dart Group said it was "disappointed" with the UK decision to leave the European Union as it more than doubled full year pre-tax profits to £104.2m from £57.2m. Revenue was up 12% to £1.4bn reflecting strong trading in Dart's Leisure Travel busin
Read moreDart Group launches new Jet2 base in Birmingham
7th Jul 2016 11:24
(ShareCast News) - Dart Group's low cost airline subsidiary Jet2 started accepting bookings for its eighth UK base at Birmingham Airport on Thursday, and said the addition would bring 200 jobs to the city. The leisure airline, which focuses on hubs outside of London and the south east, will fly to 1
Read moreAirlines warn of cancellations as French controllers strike
14th Jun 2016 11:10
(ShareCast News) - Football fans flying to Euro 2016 in France have been warned to expect possible disruption, as French air traffic controllers prepare to strike. Lobby group Airlines for Europe (A4E) - which represents carriers including easyJet and British Airways owner IAG - said more than 100 f
Read moreDart Group reports solid bookings into next year
4th Mar 2016 15:52
(ShareCast News) - Dart Group was looking on solid ground on Friday, with the company updating the market on its expectations for the current and next financial years. The AIM-traded leisure travel, and distribution and logistics group, which operates Jet2 Airways, said operating profit for the year
Read moreJet2 Three orders 3 Boeing 737s
17th Dec 2015 09:48
(ShareCast News) - Dart Group - owner and operator of large leisure airline Jet2 - announced the order of three new jets from Boeing on Thursday. The AIM-listed airline operator added them to its previously-announced order of 27 new 737-800NG aircraft, which was revealed in September. Dart said the
Read moreDart Group expects profit increase, warns of second half losses
8th Oct 2015 11:52
(ShareCast News) - Dart Group has posted a positive trading update for the first half of the year, but it warned about losses on the horizon. The AIM listed company released a trading update on Thursday for the six months to 30 September, reporting a 21% increase in summer trading for Jet2holidays,
Read moreDart Group's annual revenue jumps, confident of beating expectations in 2016
16th Jul 2015 09:30
(ShareCast News) - Leisure travel, distribution and logistics provider Dart Group saw its annual underlying pre-tax profit surge on the back of improved revenue and said it was confident to beat expectations for the current financial year. The AIM-listed company said its underlying pre-tax profit, w
Read moreDart Group's shares gain as firm lifts dividend 25%
20th Nov 2014 10:26
Dart Group shares rose after the leisure and travel company posted a 14% increase in first half underlying pre-tax profit to £71.7m. Revenue in the six months ended 30 September increased 15% to £902.2m, driven by growth in the leisure travel division. However, including the impact of an EU court de
Read moreTuesday broker round-up UPDATE
4th Nov 2014 09:32
Aberdeen Asset Management: Credit Suisse ups target price from 440p to 455p and keeps a neutral rating. Anglo Eastern: FinnCap initiates with a target price of 880p and a buy recommendation. Ashmore: Credit Suisse downgrades to underperform. Barclays: Citi moves target price from 300p to 315p stay
Read moreDart Group warns of £17m cost after failed legal appeal
3rd Nov 2014 11:12
Airline operator Dart Group has warned of a £17m one-off charge this year after it failed in a court appeal relating to an "unexpected technical defect" that delayed a flight run by its Jet2.com arm. Dart said it would make the provision in this year's accounts to cover potential historical claims a
Read moreFriday broker round-up UPDATE
24th Oct 2014 10:11
Advanced Medical Solutions: Oriel initiates with a target price of 135p and a buy recommendation. African Barrick Gold: JP Morgan moves target price from 300p to 310p maintaining its overweight rating. Canaccord Genuity reduces target price from 330p to 275p keeping a buy recommendation. Numis moves
Read moreRecent airline sell-off could limit fallout from Icelandic volcano - Cantor
20th Aug 2014 13:19
The European listed airline and travel sector is likely to be weak on the back of potential flight disruption from volcanic activity in Iceland, according to analyst Robin Byde from Cantor Fitzgerald, but the recent sector sell-off means there will not be much altitude lost. His comments came after
Read moreWednesday broker round-up UPDATE
9th Apr 2014 09:09
Aberdeen Asset Management: RBC Capital moves target price from 485p to 495p and maintains an outperform rating. African Barrick Gold: Deutsche Bank upgrades to buy with a target price of 310p. African Minerals: Investec reduces target price from 241p to 198p and leaves its buy recommendation uncha
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