News & Comment
Aircraft parts and inventory manager Aero Inventory has signed a ten-year exclusive contract with Canada's leading aircraft repairs group.
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Aerospace procurement and inventory manager Aero Inventory has won a contract to supply of expendable and recoverable spares to Qantas.
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Aerospace procurement and inventory manager Aero Inventory is raising a hefty £92 million through a rights issue and placing.
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Aero Inventory's first set of results since listing on Aim in May were in
line with expectations - but the market remained unmoved. Leslie Copeland
reports.
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Recommendations
Aero Inventory, a company supplying aircraft parts and providing inventory management services to the aerospace industry, has announced a solid set of results to the end of June.
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Stock markets have been – and continue to be – wretched everywhere. But if you had backed every one of our Company Watch and Company Profile recommen-dations in 2002, and adhered to the invaluable stop-loss system we advocate, you would have made a loss of just 0.4 per cent during this period.
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If you were offered shares in an internet business connected to the airline industry right now, you'd probably run rather than grab. But at Aero Inventory, that combination is proving a winning formula. It helps, of course, that the 'e' element is strictly a stock management and procurement tool while the airline exposure is entirely in maintenance and repair.
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Sector Articles
Impending US interest rate decisions in January caused market uncertainty for most of the month - Aim was no exception. When the answer arrived, however, gains were short-lived as further tech and telecom setbacks dragged the main markets down. Aim, meanwhile, was able to provide something of a safe haven, meandering gently southwards by 10.6 points to 1439 points.
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