When we wrote this management letter only one year and two month earlier than we do to day, as a company we looked at the financial year 2006 with a lot of confidence.

In retrospect we could have being even more confident than we did at that time. Our company gained strength and even stronger partnerships with our respected clients as well as our sources and partners where established.

Being grateful for this loyalty of our relations, both suppliers and our respected clients, we take great pride in our annual report for 2006.

Based on the facts and figures presented in our 2006 accountants statement we like to draw the conclusion that our continuous efforts in building relationships with the players in this aviation industry is time well spent. The most important achievement in our opinion is we where able to do more for fewer margins, so that’s a big advantage to you, our respective partners.

It’s being a dynamical year, we moved to better office space, we doubled our crew, we improved our communications infrastructure and a number of service and procedures are in place and ready to distribute.

Looking at the Q1/07 we booked 50% of the orders booked in total 2006 already and the predictions for the remaining 3 quarters of 2007 become clearer by the day. Needless to say we are optimistic for the 2007 results all ready.

Our financial objectives for this year will be modest, we realize however, growth will be necessary to improve the quality of service we strife for. As long as quality off service is not compromised we will do our utmost not to let go on our philosophy keeping our costs as low as possible. It’s our conviction our relations are entitled to the maximum value for money.

Our ICT systems are improving by the day and our new Client Documentation Centre is in place and roll out is executed as we speak. This Client area we keep all relevant project information and can be looked up globally by Clients management for the total tree as well as by tech reps and project leaders for the projects under there care.
 
Another new topic is the possibility to close a Service Level Agreement with Channel for BV and as a consequence obtain control over your requirements and our performance.

New service will be announcements shortly and will be published on our web site www.Channelfor.com.

We hope and trust this management letter will strengthen you faith in to our company.

If any questions are raised please do not hesitate and call, fax or E-mail.

Respectfully yours,

Ron van Zeeland
Managing director

Channel for … BV

Download this file in pdf: Management report 2006

Download the management report of 2005 in pdf: Management report 2005