Corporate Governance

The Board is responsible for establishing the strategic direction of the Company, monitoring the Group’s trading performance and appraising and executing development and acquisition opportunities. The Company has sought to comply with a number of the provisions of Financial Reporting Council’s Corporate Governance Code in so far as it considers them to be appropriate for a company of its size and nature.

The Company holds regular Board meetings, at which financial and other reports, including, inter alia, working capital reports, fleet utilisation, review of new business opportunities (including contract terms for potential new aircraft) and acquisition opportunities, are considered and, where appropriate, voted on.

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