Air Partner suspend trading shares as tax investigation continues

posted on 4th June 2018 by Omar

Air Partner, an aircraft charter company, has seen the shares in its company suspended as an ongoing investigation attempts to find out how holes in its accounts occurred.

Air Partner, based at Gatwick Airport, has stated that a significant accounting error had the company to push back its results between the end of April and the end of May.

Chartering air freight and passengers, the company has stated that there has been several problems in collecting payments from customers.

Air Partner are working with auditors Deloitte to publish its annual accounts as soon as possible, but shares have been suspended in the company until then.

The chairman of the company, Peter Saunders expressed his frustration that the accounts cannot be confirmed and emphasizes that a lot of work is going into establishing the transparency of the company.