Brief: Alliance Aviation Services Announces Qantas Negotiation & Organisational Restructure
05/08/2026 08:53
BRIEF-Alliance Aviation Services Announces Qantas Negotiation & Organisational Restructure Aug 5 (Reuters) - Alliance Aviation Services Ltd AQZ.AX:
QANTAS NEGOTIATION & ORGANISATIONAL RESTRUCTURE
ALLIANCE AND QANTAS FINALISE REVISED WET LEASE AGREEMENT
TO RECEIVE INCREASED PRICING FROM 1 JULY 2026
REVISED ANNUAL PRICE ESCALATION MECHANISM AGREED
FLEET TO REDUCE FROM 30 TO 23 AIRCRAFT OVER FY27
TO RIGHT SIZE WORKFORCE AND OPERATING MODEL
REAFFIRMS FY26 UNDERLYING PROFIT GUIDANCE OF A$35 MILLION-A$40 MILLION
Further company coverage: AQZ.AX
((Reuters.Briefs@thomsonreuters.com;))
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