Alliance Aviation Services Limited (AU:AQZ) has released an update.
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Alliance Aviation Services Limited celebrated its most successful year in 2024, with record flight hours, revenue, profit before tax, aircraft in service, and full-time employees, all stemming from a fleet expansion program initiated in 2020. Despite the termination of a proposed arrangement with Qantas due to regulatory opposition, the company continues to grow and withheld dividends to finance ongoing fleet expansions. The AGM also included a farewell to retiring board members and an introduction of new nominees, as well as the announcement of the Chairman’s planned retirement in 2025 after overseeing substantial company growth.
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