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Expanding Alliance defies pandemic to post 19 percent profit increase

Alliance Aviation says it has entered fiscal 2022 “with strong momentum” as it forges ahead with the deployment of Embraer E190s after defying the global aviation pandemic trend to post a 19 percent increase in profit.

The Queensland-based operator posted a statutory profit for fiscal 2021 of $A48.3 million as it maintained flight hours in the face of the COVID downturn and saw its underlying operating cash flow rise by more than 70 percent.

Alliance employs about 800 people and provides contract and charter services to the mining, energy, tourism and government sectors as well as other airlines. It also operates some read more ⇒

Source:: AirlineRatings.Com

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