Journey Group plc – New contract win

New contract win

Released: 15 Jun 2016

Journey Group plc
15 June 2016
Journey Group plc (“the Group”)

New contract win

Journey Group plc, a leading provider of in-flight products and catering services to the international airline and travel industries is pleased to announce that Air Fayre CA Inc. (“Air Fayre”, the Group’s “US Division”) has been awarded a contract with a new customer WOW Air at Los Angeles International Airport (“LAX”).

WOW Air is a low-cost Icelandic airline founded in November 2011 which connects over 25 destinations across Europe and North America.  Currently, the airline flies to Boston and Washington, DC and is adding Los Angeles and San Francisco to its portfolio of U.S. destinations from June 2016. WOW Air’s mission is to provide inexpensive flights to and from Iceland and across the Atlantic, targeting student travellers. Its fleet consists of Airbus A320, A321 and A330-300 aircrafts.

The multi-year contract is for Air Fayre to provide catering services out of its LAX facility for the four weekly flights from Los Angeles to Reykjavik which will commence on 14 June 2016. This will include Air Fayre designed menus for a buy on board offering, crew meal services and international waste handling, as well as the normal above wing services.

Stephen Yapp, Executive Chairman, commented: “Being selected to work with such a progressive business is another sign of the increasing market acceptance of our Air Fayre model and we are looking forward to building a long term relationship and exploring further growth opportunities with WOW Air.

This new win follows announcements within the last year of other strategically significant contract awards with FedEx, JetBlue and United Airlines. Together, these support our confidence in the Group’s prospects for the future.”

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 Advisor & Broker)

Nic Hellyer

Lauren Kettle

Alex Price

Tel: +44 (0) 20 7496 3000