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Alliance Aviation Services Limited ( (AU:AQZ) ) has shared an announcement.
Alliance Aviation Services Limited announced significant leadership changes with the resignation of founding Managing Director Scott McMillan, who will be succeeded by Stewart Tully. McMillan will remain as a consultant for six months to ensure a smooth transition. Additionally, CFO Andrew Evans will step down, with a recruitment process underway for his replacement. These changes are part of the company’s ongoing efforts to maintain stability and operational excellence, ensuring continuity in its leadership and financial management.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
More about Alliance Aviation Services Limited
Alliance Aviation Services Limited is Australasia’s leading provider of contract, charter, and allied aviation and maintenance services, employing over 1,450 staff. The company serves the mining, energy, and government sectors, and offers wet lease services for other airlines. It also has a growing business in aircraft, engine, and spare parts trading. Alliance is notable for owning its entire fleet, which includes Fokker 70/100 and Embraer E190 aircraft, and holds prestigious certifications such as IATA’s IOSA and Flight Safety Foundation’s BARS Gold status.
Average Trading Volume: 193,511
Technical Sentiment Signal: Sell
Current Market Cap: A$407.4M
For detailed information about AQZ stock, go to TipRanks’ Stock Analysis page.