Al­liance’s H1 record

Travel Daily - - News -

AL­LIANCE Air­lines has recorded the largest first-half profit be­fore tax in the com­pany’s his­tory, of $15.5 mil­lion.

The re­sult is a 10% in­crease on last year’s first-half re­sult, with the air­line hav­ing flown more hours in this pe­riod than in any other first half.

The re­sults are buoyed by the in­tro­duc­tion of two ad­di­tional air­craft to the fleet, with the com­pany also pay­ing out a record in­terim div­i­dend of 7.3 cents per share.

The com­pany’s rev­enue from its op­er­a­tions in­creased to $151.3 mil­lion, up 9.8%.

The air­line also recorded a 95% on-time per­for­mance.

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