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Alliance Aviation Corrects Financial Results, Reports NPAT Increase

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Alliance Aviation Corrects Financial Results, Reports NPAT Increase

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An announcement from Alliance Aviation Services Limited ( (AU:AQZ) ) is now available.

Alliance Aviation Services Limited announced a correction to its HY25 Results Presentation to state that NPAT is increasing by 10%, instead of the previously reported decrease by 10%. This correction could positively impact stakeholders’ perception, reinforcing the company’s strong standing in the aviation industry.

More about Alliance Aviation Services Limited

Alliance Aviation Services Limited is a leading provider of contract, charter, and allied aviation and maintenance services in Australasia, employing over 1,400 staff. The company serves the mining, energy, and government sectors, and offers wet lease services for other airlines. Alliance also engages in aircraft, engine, and spare parts trading. It operates a fleet that includes Fokker 70/100 and Embraer E190 aircraft, with plans to expand further. The company has achieved high standards of operational performance and holds certifications like IATA’s IOSA and Flight Safety Foundation’s BARS Gold status.

YTD Price Performance: -6.73%

Average Trading Volume: 74,137

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$436.2M

For detailed information about AQZ stock, go to TipRanks’ Stock Analysis page.

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