Brief: Alliance Aviation Services Sees Unaudited Underlying FY23 Net Profit Before Tax A$56.9M

Alliance Aviation Services

13/07/2023 02:00

July 13 (Reuters) - Alliance Aviation Services Ltd
 AQZ.AX :
    * UNAUDITED UNDERLYING FY23 NET PROFIT BEFORE TAX IS NOW
EXPECTED
TO BE A$56.9M
    * ENTERED INTO A USD100 MILLION DEBT FACILITY WITH PRICOA
    * EXECUTED A NEW FIVE-YEAR CONTRACT WITH INCITEC FERTILISERS
OPERATIONS PTY
    * CONTRACT FOR PROVISION OF EIGHT WEEKLY AIR SERVICES
BETWEEN
TOWNSVILLE AND ITS MINE AND OPERATIONS AT PHOSPHATE HILL
    * ENTERED A CONTRACT TO ACQUIRE AN ADDITIONAL FOUR EMBRAER
E190
AIRFRAMES
    * IDENTIFIED CAPACITY SHORTFALL IN Q1 OF 2024 DUE TO AN
INCREASE
IN DEMAND, CONTRACTUAL COMMITMENTS AMONG OTHERS

Source text for Eikon:  ID:nASX6GWghB 
Further company coverage:  AQZ.AX 

 ((Reuters.Briefs@thomsonreuters.com;))