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Advent Air (AAIR)     

moneyman - 20 Mar 2006 10:59

cchart.php?epic=AAIR&width=245&height=15

Advent Air* saw its shares firm 2p to 9.5p after Growth Equity & Company Research initiated its coverage of the stock with a "buy" stance. The company also announcing that passenger numbers for the month had increased by 11.73% over the previous year. Skywest traffic, measured by revenue passenger kilometres increased by 12.62%, while capacity, measured by available seat kilometres increased by 14.13% over the same period. Load Factor decreased by 0.66pts to 48.87% compared to the previous year.

How often do you come accross a firm that is capped at 8.8m has a turnover of 16m is profitable with a P/E of just 7.5

moneyman - 20 Mar 2006 11:00 - 2 of 37

Trading truly at a discount and now starting to recover back to more sensible levels.

moneyman - 02 Apr 2006 20:08 - 3 of 37

Starting to move back higher.

moneyman - 05 Apr 2006 23:47 - 4 of 37

Re Contract

RNS Number:0754B
Advent Air Limited
05 April 2006

For immediate release
5 April 2006


Advent Air Limited
("Advent Air" or the "Company")

Skywest Formally Executes Three Year Agreement with Newmont Tanami Pty Ltd

Further to the announcement made by Skywest Ltd on the 16th of January 2006, the
Company is pleased to advise that Skywest Airlines Pty Ltd and Newmont Tanami
Pty Ltd have formally executed an agreement for the provision of regular air
charter services between Perth and the mine site located at the Granites (the
"Agreement"). The Granites minesite is located in the Tanami Desert of the
Northern Territory, approximately 1,031 nautical miles from Perth and 276
nautical miles northwest of Alice Springs.

The term of the Agreement is for a period of four years, with annual revenues
amounting to AUD $3,200,000. The Agreement adds approximately 1,040 aircraft
flight hours per annum to Skywest's flight schedule. Skywest commenced provision
of these air services on the 1st of January 2006.


ENDS

For more information please contact:

Jeff Chatfield, Chairman, Advent Air Ltd 07783 942 553
Roland Cornish, Beaumont Cornish Limited 0207 628 3396
Philip Haydin Slater, W H Ireland 0207 220 1690
Leesa Peters / Abigail Singleton , Conduit PR 0207 429 6666
(0) 7812159 885


This information is provided by RNS
The company news service from the London Stock Exchange

END
CNTEAKLSESLKEFE

moneyman - 06 Apr 2006 20:46 - 5 of 37

Another RNS today showing an increase in load factor.

moneyman - 10 Apr 2006 15:35 - 6 of 37

Skywest Quarterly Cash Flow

RNS Number:3053B
Advent Air Limited
10 April 2006


For immediate release
10 April 2006


Advent Air Limited

("Advent Air" or the "Company")

Skywest Limited Quarterly Cash Flow


The Company is pleased to note an announcement by Skywest Limited of its
quarterly cash flow statement to 31 March 2006 released to the Australian Stock
Exchange this 10th of April 2006 (copy attached) which shows Skywest Limited
having cash at the end of that quarter of AUD $7,467,000.

Paste the following link into your web browser to download the PDF document
related to this announcement:

http://www.rns-pdf.londonstockexchange.com/rns/3053b_-2006-4-10.pdf


ENDS


For more information please contact:

Jeff Chatfield, Chairman, Advent Air Ltd 07783 942 553
Roland Cornish, Beaumont Cornish Limited 0207 628 3396
Philip Haydn-Slater, W H Ireland 0207 220 1690
Leesa Peters / Abigail Singleton , Conduit PR 0207 429 6666
07812 159 885

moneyman - 13 Apr 2006 20:42 - 7 of 37

Interest in Skywest

RNS Number:5337B
Advent Air Limited
13 April 2006


For immediate release
13 April 2006

Advent Air Limited
("Advent Air" or the "Company")
Interest in Skywest Ltd


The Board of Advent announces that the Company has increased its relevant
interest in Skywest Ltd ("Skywest") by 330,000 ordinary shares. Accordingly
Advent's interest in Skywest now amounts to 62,925,000 ordinary shares
representing 60.02 per cent. of Skywest's current issued share capital.


ENDS


For more information please contact:

moneyman - 16 Apr 2006 00:18 - 8 of 37

From UK Analasyst

We initiated coverage of Advent Air on 17th March, recommending the stock as a buy at 7.5p. Shares in this Australian based airline have since risen by nearly 20% to 9.5p as a result of strong newsflow. Advent owns 60% of Skywest Ltd, an ASX listed and profitable airline company. It also has a firm purchase agreement with China Express to buy a further 22% and thus has de facto control over 82% of the company. Skywest has acted as a regional airline for the last 40 years and has a monopoly of air services in the major coastal towns of Western Australia. It is set to benefit from the growth in the mining sector as it provides an increasing amount of transportation for the industry. The company operates a fleet of five, wholly owned Fokker 50 turbo prop and three leased Fokker 100 jet aircrafts and it holds an Australian high capacity air operator's certificate.

The company's strategy is to grow the business both organically and through acquisition. It believes it can extend its route network by adding additional locations, expand freight capacity thereby increasing passenger numbers. The group has much of its upside locked in through long term contracts signed with the likes of Kimberly Diamonds, Argyle Diamond Mines and Barminco. On 5th April, the company announced another contract win. Newmont Tanami has signed up Advent to provide air charter services between Perth and the mine site located at Granites. This four year contract should add A$3.2 million to annual revenues. Passenger numbers have shown a sharp month on month increase with the last statistics recording a 20% increase. Advent issued a quarterly update on its cash flow status, at March 31st 2006, the group had cash balances of A$7.4 million. And it is clear that Advent is looking to increase its stake in Skywest, on 13th April it acquired another 330,000 shares. The acquisition of the remaining stake in Skywest means that Advent will gain access to tax losses, pushing up earnings significantly.

Advent's last set of interim results to December 2005 saw turnover rise to A$38.06 million with profits increasing 14 fold to A$1.5 million. Assuming Advent manages to gain a 100% stake in its subsidiary, GE&CR is forecasting revenues of 39.1 million pounds for the year to June 2006, profits of 1.6 million pounds and earnings of 2.3p. At 9.5p, we re-iterate our buy stance

Andy - 16 Apr 2006 01:26 - 9 of 37

Evening Clive!

moneyman - 17 Apr 2006 00:32 - 10 of 37

Good evening Andy. Anything else ?

Andy - 17 Apr 2006 01:28 - 11 of 37

Clive,

No just saying hello.

Advent seems to be a popular stock at the moment, and if I had some spare funds I may consider an investment, but the price of fuel is a concern maybe?

They may have a hedge of cousre, most airlines do, but I would want to know when it runs out.

moneyman - 17 Apr 2006 21:33 - 12 of 37

I would imagine so Andy but being able to buy at this level should be extremly good when prices drop.

moneyman - 18 Apr 2006 17:09 - 13 of 37

Paying over the odds on qty now.

Andy - 18 Apr 2006 21:49 - 14 of 37

moneyman,

You didn't mention the placing!

8.25p per share, now we see why the price fell a few days ago!

At least it forms a base here IMO.



www.conduitpr.com

18th April 2006

Advent Air Limited Placing

News Item - Conduit PR


The Company is pleased to announce that it has placed with institutional and other investors up to 84,848,484 new ordinary shares of S$0.20 each (Ordinary Shares) and 9,169,360 existing Ordinary Shares on behalf of certain existing shareholders, in each case at a price of 8.25p per Ordinary Share (the Placing). The Company will receive up to 7,000,000 (before expenses and commissions) pursuant to the Placing, which will be used to provide additional funds to enable the Company to repay S$5,000,000 of debt equivalent to approximately 1.77 million (after which the Company will be debt free), develop new routes, to help fund aircraft purchases and be able to increase its shareholding in Skywest.

The Placing has been structured as a firm placing of 19,481,961 new Ordinary Shares (the Firm Placing) and a conditional placing of up to 65,366,523 additional new Ordinary Shares (the Conditional Placing), in each case at a price of 8.25p per new Ordinary Share. The Conditional Placing is conditional on the approval by Advent Shareholders of a proposed increase in the authorized share capital of the Company and authority to allot new Ordinary Shares, as set out in the notice of extraordinary general meeting of shareholders to be held on 15 May 2006 (the EGM), which is being sent to shareholders today.

The new Ordinary Shares will rank pari passu with the existing ordinary shares in issue and application will be made for the 19,481,961 Firm Placing new Ordinary Shares to be admitted to trading on AIM, expected to be effective on Friday 21 April 2006. On admission of the Firm Placing new Ordinary Shares, the enlarged issued share capital of the Company will amount in total to 116,891,769. Application will be made in due course for the 65,366,523 Conditional Placing new Ordinary Shares to be admitted to trading on AIM following the EGM, which is expected to be effective on Friday 19 May 2006.

Pursuant to the Placing, the Company has issued a warrant to WH Ireland Limited, the Companys broker, to subscribe for up to 2,000,000 new Ordinary Shares (the WHI Warrant). Under the WHI Warrant instrument, the exercise price for the first 1,000,000 new Ordinary Shares is 9.075p per new Ordinary Share, equivalent to 110% of the Placing price and the exercise price for the second 1,000,000 new Ordinary Shares is 10.3125p per new Ordinary Share, equivalent to 125% of the Placing price.

ENDS

For more information please contact:

Jeff Chatfield, Chairman
Advent Air Ltd
07783 942 553

Roland Cornish
Beaumont Cornish Limited
0207 628 3396

Philip Haydn-Slater
W H Ireland
0207 220 1690

Leesa Peters / Abigail Singleton
Conduit PR
0207 429 6666 / 07812 159 885


Abigail Singleton
Conduit PR Ltd
Level 3
76 Cannon Street
London
EC4N 6AE
Direct: +44 (0) 207 429 6606
Office: +44 (0) 207 429 6666
Mob: +44 (0) 7739 461 061

www.conduitpr.com

moneyman - 18 Apr 2006 22:16 - 15 of 37

Think they are going for the whole of Skywest. Nice debt free company now Andy !

moneyman - 19 Apr 2006 21:19 - 16 of 37

Anyone notice the trades today ? 965K all bought at full ask...when is this going to start it's move ?

moneyman - 25 Apr 2006 09:10 - 17 of 37

Subsidiary expansion

RNS Number:9198B
Advent Air Limited
25 April 2006





For immediate release 25 April 2006


Advent Air Limited


("Advent Air" or the "Company")


Skywest commences expansion of services to Exmouth, Western Australia


The Company announces that its Skywest Ltd subsidiary ("Skywest") has expanded
its services into Exmouth, which is a major tourist and business destination
located adjacent to the "Vincent" oil project field development operated by
Woodside Petroleum and Mitsui in Western Australia. Skywest is the only airline
to service Exmouth as it has sole operator access to that airport.


In response to overwhelming community demand, Skywest Airlines is increasing its
jet services to Exmouth by adding a new service each Thursday to its schedule,
commencing from 4 May 2006. The 100-seater Fokker 100 service will now operate
on Tuesdays, Thursdays and Sundays, with the Sunday flight connecting to Broome.
Skywest will maintain its daily Fokker 50 service to Exmouth on Mondays,
Wednesdays and Saturdays, and it's twice daily Fokker 50 service on Fridays


Skywest's Chief Executive Officer, Johanna Ramsay said:


"The additional jet service allows for an increase in tourism for the Exmouth/
Coral Bay region. We are delighted to be introducing more capacity for both the
leisure and corporate consumer into Exmouth and Coral Bay. Since February,
Skywest has introduced an additional 416 seats on this route each week,
significantly increasing air access to the Coral Coast, one of Western
Australia's idyllic tourist destinations. Skywest will continue to work with all
regional communities and industry representatives in responding to increasing
demand by adding capacity as required."


Flight time from Perth to Exmouth on the Fokker 100 Jet is one hour and 45
minutes. Skywest offers customers a Premium Economy Class service, with extended
legroom, hot meals and bar service on all flights.



ENDS

moneyman - 27 Apr 2006 00:11 - 18 of 37

More descent size buying in today. Is someone accumulating here ?

Andy - 27 Apr 2006 09:36 - 19 of 37

moneyamn,

Well if they are, they're not moving the price.

moneyman - 27 Apr 2006 13:52 - 20 of 37

Yet

Andy - 27 Apr 2006 16:27 - 21 of 37

moneyman,

There are exactly 37001 buys today, with a value of 3,701, quite small by market standards, so I think there will have to be a significant increase on this before the price will move, at this rate.

moneyman - 27 Apr 2006 17:45 - 22 of 37

Andy add these to the other few days trades and look at stock in issue.

moneyman - 28 Apr 2006 14:49 - 23 of 37

Starting to move up strongly now and debt free.

Andy - 28 Apr 2006 15:16 - 24 of 37

moneyman,

IMHO, It would be a good rise if it was backed up by some real volume, but even today' s trades are low by LSE standards, still only around 40,000 by value traded, which is peanuts.

moneyman - 28 Apr 2006 23:17 - 25 of 37

Andy,

I respect some of your posts but that was absolute bollox ! You know full well that there has been volume but over a few weeks and hence the subsequent rise.

Andy - 30 Apr 2006 09:18 - 26 of 37

moneyman,

Well in that case where is the volume?

I read the article in Shares Mag, and a friend mentioned AAIR to me around the same time, so I have been watching it ever since, and I certainly haven't seen what I consider to be any real volume in the stock, to be honest.

Let's just see what this week brings, it certainly looks an interesting company, and I may buy a few if I have some spare funds.

moneyman - 30 Apr 2006 22:17 - 27 of 37

Andy 97M shares in issue and tightly held hence with the illiquidity the wide spread and rapid rises. I hope you do get a few as this looks destined to climb higher.

moneyman - 06 May 2006 23:05 - 28 of 37

I do like this stock. Making money, money in the bank, expanding and debt free.

Best of all keeps moving higher

moneyman - 07 May 2006 22:53 - 29 of 37

Andy are you going to sit around watching this move higher or join the investors club ?

trottie - 09 May 2006 17:07 - 30 of 37

I've been in this one for months now, very good share even before it became debt free. One of Skywests rivals (Skipper), has just pulled the plug on it's Geraldton servce, SkyWest now have a monopoly on that route aswell. I tried booking a flight, no chance until end of June.

moneyman - 10 May 2006 08:07 - 31 of 37

April Operating Statistics

RNS Number:6945C
Advent Air Limited
10 May 2006


For immediate release


10 May 2006


Advent Air Limited

("Advent Air" or the "Company")

April Airline Passenger Operating Statistics


The following is a copy of the announcement made today by Skywest Ltd of its
operating statistics for the month ended 30 April 2006. Skywest Ltd is a
subsidiary of Advent Air Ltd.


"SUMMARY OF OPERATING STATISTICS

Passenger numbers for the month increased by 9.19% over the previous year.
Skywest traffic, measured by Revenue Passenger Kilometres (RPKs) increased by
5.80%, while capacity, measured by Available Seat Kilometres (ASKs) decreased by
1.06% over the same period. Load Factor increased by 3.80pts to 58.60% compared
to the previous year.

Month of April Financial year to date
2006 2005 Change 2005/6 2004/5 Change
Passengers Carried
('000s) 27 25 9.19% 258 244 5.36%
Revenue Passenger
Kilometres ('000s) 21,716 20,525 5.80% 211,435 201,100 5.14%
Available Seat
Kilometres ('000s) 37,056 37,453 -1.06% 376,273 351,621 7.01%
Load Factor % 58.60% 54.80% 3.80pts 56.19% 57.19% -1.0pts
Average Aircraft in
Fleet 7 7 - 7 7 -


Notes:

1. Monthly operating statistics are issued on a preliminary basis and are
subject to change. Any adjustments made will flow through to the year to date
results.

2. Passengers Carried refers to Regular Passenger Transport ("RPT") and
therefore excludes charter passengers.

3. RPKs refers to the number of paying passengers carried multiplied by the
number of kilometres flown.

4. ASKs refers to the number of seats available for sale to passengers
multiplied by the number of kilometres flown.

5. Load factor is RPKs divided by ASKs."


ENDS


For more information please contact:


Jeff Chatfield, Chairman, Advent Air Ltd 07783 942 553

Roland Cornish, Beaumont Cornish Limited 0207 628 3396

Philip Haydin Slater, W H Ireland 0207 220 1690

Leesa Peters / Abigail Singleton , Conduit PR 0207 429 6666
+44 (0) 7739 461 061




This information is provided by RNS
The company news service from the London Stock Exchange

END

moneyman - 11 May 2006 12:05 - 32 of 37

Lots of smallish buyers, Retail, been accumulating last few days so expect another tick higher soon. NMS has been cut to 37.5K now too.

moneyman - 12 May 2006 09:58 - 33 of 37

More today.

moneyman - 16 May 2006 10:33 - 34 of 37

Acquisition

RNS Number:0336D
Advent Air Limited
16 May 2006





For immediate release


16 May 2006

Advent Air Limited

("Advent Air" or the "Company")


INTENTION TO OFFER FOR THE ORDINARY SHARES OF SKYWEST LTD


Advent Air Limited confirms its intention to offer, through a wholly owned
subsidiary, for the balance of the ordinary shares in Skywest Ltd and set out
below is the text of an announcement to be released on to the Australian Stock
Exchange:


"Advent Air Limited ('Advent') wishes to announce that it intends, through its
wholly owned subsidiary, CaptiveVision Capital Limited ('CVC') to make an
off-market offer ('Offer') for all the fully paid ordinary shares in Skywest
Limited ('Skywest') not currently held by CVC. CVC currently holds 63,095,000 of
the fully paid ordinary shares in Skywest representing 60.34%.


Advent is a company incorporated in Singapore with its shares traded on AIM on
the London Stock Exchange, with code AAIR.


Salient Terms of Offer

The salient terms of the Offer are summarised below:

Who is making Advent Air Limited is making the Offer through its wholly owned
the Offer subsidiary CaptiveVision Capital

Offer price Shareholders will be offered:
* 0.4171 Advent shares; and
* AUD $0.227 cash
for every one (1) fully paid ordinary share

Offer The Offer is conditional on the "prescribed occurrences" as set
Conditions out in Section 652C(1) and 652C(2) of the Corporations Act

Pre-Bid * China Bridge Investment Pte Ltd which holds 10,305,765 shares
Confirmations in Skywest has confirmed that in the absence of a higher offer,
it would be inclined to accept an offer from Advent or CVC on
the Offer terms; and

* China Xpress Pte Ltd which holds 13,671,429 shares in Skywest
has confirmed that in the absence of a higher offer, it would
be inclined to accept an offer from Advent or CVC on the Offer
terms.

Indicative Further information concerning the Offer will be contained in the
Timetable Bidder's Statement, which Advent expects will be served on Skywest
and lodged with the Australian Securities and Investment
Commission within two months.


"


ENDS


For more information please contact:



Jeff Chatfield, Chairman, Advent Air Ltd 07783 942 553
Roland Cornish, Beaumont Cornish Limited 0207 628 3396
Philip Haydin Slater, W H Ireland 0207 220 1690
Leesa Peters / Abigail Singleton , Conduit PR 0207 429 6666
+44 (0) 7812159 885




This information is provided by RNS
The company news service from the London Stock Exchange

EN
ACQEAESKFAAKEFE


moneyman - 17 May 2006 09:45 - 35 of 37

Moving nicely higher following the news.

moneyman - 17 May 2006 18:31 - 36 of 37

Nice 500K buy reported at the close.

moneyman - 29 Aug 2006 23:32 - 37 of 37

Nobody else then ?

cchart.php?epic=AAIR&height=152&width=24
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