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Signature Aviation Plc (LON:SIG) has released a trading statement for the period 1 January 2020 to 30 April 2020.
- The company has stated that flying activity improved in the first thirteen days of May to show a 66 per cent decline YoY. In April flying activity was down by 77 per cent YoY.
- The company has taken decisive management action to reduce costs.
- The company has also reported that during the month of April the Group was cash flow positive by US$6 million and at the end of April it had total facility headroom and cash of US$425 million.
- On 15th May 2020, at the time of writing, GMT 08:31 AM, SIG shares were trading at GBX 188.40, up by 3.05 points or 1.65% against the previous day closing price.
