Charter & Fractional
Profits Rising At Czech Charter Group ABS
Prague-based aircraft charter and management provider ABS Jets recorded its best-ever revenues in 2011.

Prague-based aircraft charter and management provider ABS Jets recorded its best-ever revenues in 2011, breaking the CZK1 billion ($51 million) barrier for the first time. While this represents an increase of 2 percent over the previous year, gross profits increased by 23 percent compared to 2010, to CZK44 million ($2.25 million). The successful issue of a portfolio of Eurobonds in late 2011 propelled ABS into the top level of companies on the Czech stock exchange.

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