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Dart Plc Financial Report 2004. 1.0 Introduction and Background information
Dart Group PLC, by its own description is ‘an aviation ...
Submitted by npf84 on March 12, 2008
Category: Business
Words: 5549 | Pages: 23
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1.0 Introduction and Background information
Dart Group PLC, by its own description is ‘an aviation services and distribution group' . It works in three specialised sectors;
1. Cargo and passenger air transport/travel, on both charter contracts and scheduled services in a ‘budget', or low cost market. The cargo company ‘Benair Freight International', the airline ‘Channel Express (Air Services)'*, and budget airline ‘Jet2.com' (a trading name of ‘Channel Express') are all owned by Dart Group PLC.
2. Haulage of fresh produce and items with specific temperature controlled needs to supermarkets and wholesale markets within the United Kingdom, via ‘Fowler Welch – Coolchain' and ‘Channel Express (channel Islands)'*.
3. Freight forwarding. This takes place at London Heathrow, Manchester, East Midlands and Newcastle airports as well as from locations in the Far East.
The Dart Group has been in operation (under different names) for over 30 years. Over the years it has grown significantly in land, sea and airfreight as well as in air passenger travel. It has formed the ‘Channel Express' companies, named so due to the nature of their business; the group also acquired some rival companies to better profits and strengthen their position in the Channel Island, and UK market.
The Dart Group can be seen in today's market by the diagram below
1.1 Rivals
Being in four main sectors (special freight, international freight/freight management, low cost passenger air travel and charter air travel), Dart Groups subsidiaries have many competitors. I will briefly attempt look at these individually, although due to the sheer numbers of companies in each sector, a perfect comparison will be hard to find.
Fowler Welch – Coolchain
In the area of fresh produce and chilled food distribution, there are literally hundreds of...
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