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Jet2 Plc
Class 2 Announcement
Published Jun 4 2003
5 min read

Class 2 Announcement

Dart Group PLC 04 June 2003 For Immediate Release 4 June 2003 CLASS 2 ANNOUNCEMENT Dart Group PLC announces that it will be purchasing six Boeing 737-300 passenger aircraft from receivers appointed by HSBC Bank Plc (Sydney Branch). The aircraft will be subject to a phased delivery schedule over the next six months. After this purchase Dart's fleet of Boeing 737-300 aircraft will comprise 14 aircraft. This purchase will provide the necessary capacity to grow the Group's cargo and passenger operations. This investment is expected to make a positive contribution to Group profits in the 2004/05 financial year onwards. The consideration, which will be financed in US Dollars, will be met from a combination of cash and new and existing bank facilities. Enquiries: Philip Meeson, Chairman and Chief Executive Tel: 01202 597680 Mobile: 07785 258666 Mike Forder, Group Finance Director Tel: 01202 597680 Mobile: 07721 865850 This information is provided by RNS The company news service from the London Stock Exchange