Air London, which has changed its name to Air Partner, offers direct routing in the US (rather than going through 'hubs') as well as corporate and executive air chartering. Although turnover went up 16% to £24.67m from £21.35m, the pre-tax line was pushed down 37% from £1.35m to £849,000 due to slimmer margins and a sudden drop in demand. Revenue growth was driven by the overseas markets, particularly in Germany and the US. Air Partner may expand into Italy and Switzerland. According to house broker Beeson Gregory, it has benefited from increased MoD work due to the Balkans conflict.