United Airlines Contract Extension and Journey Group plc Trading

Contract extension and trading update

Released: 22 Dec 2015

RNS Number : 8474J
Journey Group plc
22 December 2015

Journey Group plc

(“Journey” and together with its subsidiaries the “Group”)

Contract extension and trading update

Journey Group plc, a leading provider of catering services and in-flight products to the international airline and travel industries announces that Air Fayre CA Inc, (“Air Fayre”, the Group’s “US Division”), has extended its contract with United Airlines Inc. (“United”) out of Los Angeles International Airport (“LAX”).

Air Fayre established the relationship with United in 2008 with a seven year contract to serve United’s entire international and domestic in-flight catering needs at LAX.  Currently, this is approximately 5 international and 130 domestic flights per day at peak season. The contract extension is for a further three years commencing 1 January 2016.  

Stephen Yapp, Executive Chairman commented: “We are pleased to continue our long standing relationship with United and deliver a quality service to one of the leading airlines in the world. This extension is testament to the hard work of the Air Fayre team. 

The Board expects trading for the current year to be in line with expectations and this contract extension, together with the recently launched contract with FedEx out of Memphis, gives us further confidence in delivering against our expectations for 2016.”

 

For further information please contact:

 

Stephen Yapp

Alison Whittenbury

Journey Group plc

Tel: +44 (0) 20 8744 7080

info@journeygroup.plc.uk 

 

N+1 Singer (Nominated Adviser & Broker)

Nic Hellyer

Lauren Kettle

Alex Price

Tel: +44 (0) 20 7496 3000

 

 

This information is provided by RNS
The company news service from the London Stock Exchange

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