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

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

Starting to move back higher.

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

Another RNS today showing an increase in load factor.

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

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:

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

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.