StockMarketWire.com - CPPGroup is to cease providing airport lounge access services currently marketed under the Airport Angel brand.

CPP says this is part of its plans to increase the focus of the group's operations

In the intervening period the group will continue to ensure a high quality of service is provided to existing customers. The closure of Airport Angel is not anticipated to have a material impact on the group's expected profitability in 2015 or beyond. Interim chief executive Stephen Callaghan said: "The decision to cease providing airport lounge access services is a further step forward towards CPP becoming a more focused, sustainable and profitable business."


At 9:34am: [LON:CPP] CPP Group PLC share price was +0.77p at 7.66p



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