Alliance flags charter growth
ALLIANCE Aviation Services says it plans to focus on inbound and domestic tourism operators in the coming year, as it boosts its fleet amid a “general increase in charter activity”.
The Brisbane-based company today reported a 33% increase in pre-tax profit to $26.1 million for the year to 30 Jun, along with record operating cash flow and a 23% increase in revenue to $248m for the year.
Alliance said it had increased flying activity across all revenue types - contract, wet lease, charter and regular passenger transport (RPT) - with ceo Lee Schofield saying the company’s 530-strong workforce in Australasia and Europe should be “very proud of what has been achieved this year”.
He said the growth of Alliance’s activity in the tourism sector for both new and existing clients, as well as a boost in wet lease flying, had been particularly significant.
The company has a positive outlook for the 2019 financial year, with the resources sector showing signs of growth from existing clients as well as several new mines being established.
Alliance Aviation operates 20 Fokker F100 and 9 Fokker 70LR jets along with five Fokker 50 turboprops, with additional aircraft entering service in FY19.