JNY Journey Grp

 

TIDMJNY 
 
RNS Number : 5294W 
Journey Group PLC 
30 July 2009 
 
Journey Group Plc 
 
 
 
 
Joint venture discussions 
 
 
Air Fayre Ltd, the Group's wholly owned subsidiary which provides in-flight 
catering to the airline industry, and Alpha Flight UK Ltd, part of Autogrill 
S.p.A., one of the world's largest providers of food & beverage and retail 
services for travellers, have announced today that they have entered into a 
Letter of Intent providing for exclusive discussions for the purpose of creating 
a joint venture of their flight catering operations at London Heathrow. 
 
 
Management of both companies estimate that the turnover of the potential 
combined business is approximately GBP70 million per annum. 
 
 
 
 
For further information please contact: 
 
 
+---------------------------------------------+----------------------------+ 
| Journey Group plc                           | Tel:    +44 (0) 20 8606    | 
|                                             | 2000                       | 
+---------------------------------------------+----------------------------+ 
| Stephen Yapp, Chairman                      |                            | 
+---------------------------------------------+----------------------------+ 
| Carl Fry, Interim Chief Financial Officer   |                            | 
+---------------------------------------------+----------------------------+ 
|                                             |                            | 
+---------------------------------------------+----------------------------+ 
| KBC Peel Hunt Ltd (Nominated Adviser &      | Tel:    +44 (0) 20 7418    | 
| Broker)                                     | 8900                       | 
+---------------------------------------------+----------------------------+ 
| David Anderson                              |                            | 
+---------------------------------------------+----------------------------+ 
| Daniel Harris                               |                            | 
+---------------------------------------------+----------------------------+ 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 JVECKCKKFBKDPOB 
 

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