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BBA Aviation 4-month Revenue Up

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

BBA Aviation PLC (BBA.L) said its Group revenue for the four months to April 2013 rose 3 percent, while revenue grew 2 percent on an organic basis, excluding the impact of exchange rates, fuel prices, acquisitions and disposals

Revenue in Flight Support increased 2 percent on an organic basis. Business and general aviation movements in North America were broadly flat in the first quarter, while there was a 4% reduction in activity in Europe. In Aftermarket Services, revenues grew by 1 percent on an organic basis.

Simon Pryce, BBA Aviation Group Chief Executive said in a statement, "Our major markets remain broadly stable, as expected, and we continue to focus on driving further operational improvement. With good underlying momentum from 2012 as well as the incremental contribution from acquisitions, we continue to anticipate making good progress in 2013."

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