LONDON (Thomson Financial) - Dart Group Plc. said it is very encouraged by its current trading performance.
The Aviation and distribution company said the greater emphasis on leisure destinations within Jet2.com's flying programme has had a positive impact on both yield and load factor in its Aviation business.
It added revenues have been further boosted by strong late demand, which, combined with careful cost control and strong growth in charter flying, has resulted in an improved operating margin, which is expected to continue for the year as a whole. Trading in the Distribution business, Fowler Welch-Coolchain, has been in line with the company's expectations despite the poor summer weather impacting on distribution volumes from traditional summer foods, Dart said.