Aviation company flying high as pre-tax profits rise 16%

Pre-tax profits at Dublin-based aviation firm, Parc Aviation last year increased by 16% to €3.92m.

Accounts just filed with the Companies Registration Office show that revenues at Parc Aviation Ltd rose by 14% from €83.5m to €95.4m in the 12 months to the end of April 2011.

The company — which also has offices in Shannon, Beijing and Tokyo — made a €10m dividend payout during the year.