Brief: Alliance Aviation Services Updates On 2023 Aircraft Acquisition Programme, Others

Alliance Aviation Services

26/04/2024 06:11

April 26 (Reuters) - Alliance Aviation Services Ltd
 AQZ.AX :
    * UPDATE ON 2023 AIRCRAFT ACQUISITION PROGRAMME AND ALLIANCE
SECURES FUNDING COMMITMENT
    * THERE IS CURRENTLY A DELAY IN DELIVERY OF EACH AIRCRAFT
    * NOW BELIEVES ONLY 12 AIRCRAFT EXPECTED TO SETTLE DURING 1
JAN TO
31 DEC 2024
    * AS AT APRIL 26,  7 AIRCRAFT HAVE BEEN SETTLED AND
DELIVERED TO
ALLIANCE
    * ESTIMATED COST OF 12 AIRCRAFTS BETWEEN A$128 MILLION AND 
A$144
MILLION
    * ANZ, FOLLOWING FINAL CREDIT APPROVAL, AGREED TO UPSIZE
TERM LOAN
FACILITY BY  FURTHER A$50 MILLION FACILITY

Further company coverage:  AQZ.AX 

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