Alliance Aviation Soars to Record Success in 2024
Company Announcements

Alliance Aviation Soars to Record Success in 2024

Alliance Aviation Services Limited (AU:AQZ) has released an update.

Alliance Aviation Services Limited celebrated its most successful year in 2024, with record flight hours, revenue, profit before tax, aircraft in service, and full-time employees, all stemming from a fleet expansion program initiated in 2020. Despite the termination of a proposed arrangement with Qantas due to regulatory opposition, the company continues to grow and withheld dividends to finance ongoing fleet expansions. The AGM also included a farewell to retiring board members and an introduction of new nominees, as well as the announcement of the Chairman’s planned retirement in 2025 after overseeing substantial company growth.

For further insights into AU:AQZ stock, check out TipRanks’ Stock Analysis page.

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