The European offices of leading aircraft charter specialist, Air Charter Service, are enjoying an impressive year, with charter numbers increasing by 47% year-on-year.
Andrew Summers, ACS’s Regional Director for Europe, commented: “Our offices across Mainland Europe have done exceptionally well so far this year, with the 47% increase partially down to our new offices, along with expanding our existing teams across the continent. We have opened in several new locations in the past 12 months – including Brussels, Stuttgart, Monaco and Barcelona – all of which have hit the ground running, making big initial inroads. Our revenue has risen by an incredible 86%, to almost €130 million, in the first six months of the year; in part due some big contracts on larger aircraft types.
“Every region within our European network has achieved better results than last year, with strong performances from our German and Spanish offices and a better-than-expected return from our Italian office, in its first full year of trading. We are particularly pleased with the increase in market share from our French-speaking business, which we target from our offices in Paris, Geneva, Brussels and Monaco, with it significantly growing, by 49% year-on-year. Some of these offices have had their figures slightly boosted by factors such as the World Cup, supply chain disruptions caused by the conflict in Iran, and a few Middle East evacuations in March, but underlying growth is still very strong, and way above the European average of 3% for the same period (according to WingX figures).
“We expect this success to continue for the rest of the year as, part way through our Q3, all offices are still seeing significantly higher charter volumes year-on-year.”
aircharterservice.com
