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

Evening Clive!

Good evening Andy. Anything else ?

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.

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

Paying over the odds on qty now.

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

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

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

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

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

moneyamn,

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

Yet

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.

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

Starting to move up strongly now and debt free.

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.

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.

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.

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.

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

Best of all keeps moving higher