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Alliance Aviation Services Ltd (AQZ.AX)

AQZ.AX on Australia Stock Exchange

1.18AUD
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Alliance Aviation Services signs contract for air charter services for MMG Dugald River
Wednesday, 23 Aug 2017 09:01pm EDT 

Aug 24 (Reuters) - Alliance Aviation Services Ltd :Signed a contract for provision of air charter services for MMG Dugald River Pty Ltd between Townsville And Cloncurry.Initial contract is for two years with a further two years at MMG's option.  Full Article

Alliance Aviation Services says FY revenue up 12% to $203.2 million
Wednesday, 9 Aug 2017 06:24pm EDT 

Aug 10 (Reuters) - Alliance Aviation Services Ltd :FY revenue from ordinary activities up 12% to $203.2 million.FY profit for period attributable to members up from $13.5 million to $18.5 million.Final dividend for the year ended 30 june 2017 3.0 cents per share.  Full Article

ACCC grants authorisation to fly-in fly-out airline alliance
Wednesday, 17 May 2017 09:54pm EDT 

May 18 (Reuters) - The Australian Competition and Consumer Commission::Granted authorisation to Charter Alliance Agreement between Virgin Australia Airlines , Virgin Australia Regional Airlines, and Alliance Aviation Services.Only significant operational overlap between VARA and Alliance Airlines is in provision of charter services in Western Australia.Has concluded that there are a number of factors that mitigate the risk to competition.  Full Article

Alliance Aviation Services to increase regional Queensland and wet lease services
Wednesday, 10 May 2017 08:36pm EDT 

May 11 (Reuters) - Alliance Aviation Services Ltd :To increase regional queensland and wet lease services.Expansion of its regional Queensland operations following execution of a heads of agreement with Virgin Australia.In aggregate, additional services will increase company's fleet by 11 percent and total flying activity by up to 45 percent.Alliance airlines will also continue to operate all Virgin Australia Services on Brisbane - Emerald route.  Full Article

Alliance Aviation Services says existing contract to Prominent Hill will conclude
Monday, 17 Apr 2017 09:44pm EDT 

April 18 (Reuters) - Alliance Aviation Services Ltd :OZ Minerals has provided notice that our existing contract to prominent hill in south australia will conclude on 11 August 2017..With flights continuing until 11 August 2017 there will be no impact on Alliance's FY17 financial results.Contract also provides alliance with a significant exit fee to further offset any future financial impact..Revenue arising from contract during last 12 months was 5.8% of total revenue and had been forecast to reduce significantly in FY18..  Full Article

Alliance Aviation Services extends contract for Newcrest's Telfer gold mine
Tuesday, 7 Feb 2017 04:45pm EST 

Alliance Aviation Services Ltd :Signed contract extensions for Newcrest's telfer gold mine for a further period of 3 years.  Full Article

Alliance Aviation Services announces partnership with Virgin Australia
Wednesday, 17 Aug 2016 06:38pm EDT 

Alliance Aviation Services Ltd: Alliance Aviation Services Ltd - alliance and Virgin Australia partnership . Alliance aviation services-alliance and Virgin Australia regional airlines will form a charter partnership to jointly grow their charter businesses . Alliance aviation services-existing charter contracts will remain with their current operator,with all new contracts to be operated under charter partnership . Deal includes, but is not limited to, aircraft procurement, spare parts pooling, maintenance, ground handling services .  Full Article

Alliance Aviation Services updates on sale of first aircraft from European fleet
Tuesday, 12 Jul 2016 06:28pm EDT 

Alliance Aviation Services Ltd : Sale of first aircraft from European fleet . Results from this sale and future aircraft and spare parts sales will be recognised in FY 2017 . Transaction incremental both in terms of cash generation and profitability .  Full Article

Alliance Aviation Services announces to add three additional aircraft to australasian aircraft fleet
Tuesday, 5 Jul 2016 10:56pm EDT 

Alliance Aviation Services Ltd : Has resolved to add three additional aircraft to its australasian aircraft fleet . Additions will consist of one fokker 100 and two fokker 70 jet aircraft that will enter the operational fleet . Says acquires 16 rolls royce engines to support its fokker 70 aircraft . Says both the aircraft and the engines will be funded from operating cash flow and not funded by debt. .  Full Article

Alliance Aviation Services announces contract extension
Sunday, 3 Jul 2016 10:53pm EDT 

Alliance Aviation Services Ltd : Major contract extension . Alliance extends contracts for air charter services for south32's Cannington and Gemco mines. . Extensions for both mines through to 2019. .  Full Article