Latest Aviation Services News

Alliance Aviation Services reported a $105.8 million half-year loss driven by significant impairments on its Fokker fleet, even as revenue rose 7.9% on wet lease and aviation services growth. The company is executing a strategic turnaround including fleet renewal and operational realignment.

Alliance Aviation Services has announced a significant $160 million impairment on its ageing Fokker aircraft fleet, signalling a strategic shift towards fleet renewal. The company plans to progressively retire these planes while maintaining operational stability.

Alliance Aviation Services reported record FY25 revenue and flying hours but faces margin pressures from rising costs and a major contract renegotiation. The company’s refreshed leadership is focused on operational improvements and debt reduction in FY26.

Trading in Alliance Aviation Services Limited (AQZ) shares has resumed following the lifting of a suspension tied to a recent trading update announcement.

Alliance Aviation Services has lowered its FY26 earnings guidance significantly below analyst expectations, citing increased depreciation, higher maintenance costs, and a contract dispute. Despite these challenges, the company maintains profitability and a strong balance sheet.

Alliance Aviation Services announces founder Scott McMillan will step down as Joint Managing Director at the November AGM, with Stewart Tully set to become sole Managing Director, concluding a year-long succession plan.

Alliance Aviation Services reported a robust 19% revenue increase to $769.7 million in FY25, driven by fleet expansion and strong operational performance. The company’s strategic investments and contract growth set a positive tone for FY26.

Alliance Aviation Services reported record flying hours and strong revenue growth in FY25, while statutory profit dipped slightly amid operational challenges.

Alliance Aviation Services Limited reported a 19% revenue increase to $760.9 million in FY2025, while net profit after tax slipped 5% to $57.3 million amid operational challenges. The company declared a fully franked dividend of 3.0 cents per share and expanded its fleet to 79 aircraft.

Alliance Aviation Services has entered a $32.5 million deal to sell the majority of its Embraer E190 spare parts inventory to AVIAN Management, marking a strategic partnership that enhances fleet support across the Asia-Pacific region.

Alliance Aviation Services has agreed to sell twelve General Electric CF34-10 engines to Beautech Power Systems for approximately USD40.2 million, aiming to reduce inventory and cut net debt without affecting profit guidance.

Alliance Aviation Services has updated its FY25 financial guidance, aiming for EBITDA between $205-210 million while navigating operational disruptions and planning significant debt reduction by 2026.