Dart Group PLC News

Trading Update

12th February 2003

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.

Written by Will

Posted in

February 12, 2003 at 13:13

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