Al­liance flags char­ter growth

Travel Daily - - News -

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.

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