Alliance Aviation Services Limited AQZ

Underlying profit jumps 61% in H2 as wet lease reset and $27M cost program pave the way for improved FY27 guidance, despite a $129.9M statutory loss and elevated leverage.

Alliance Aviation Services Limited recently announced the resignation of its founding Managing Director and CFO, alongside a substantial downgrade to its FY26 earnings outlook, primarily due to increased aircraft and maintenance expenses. This leadership shakeup comes as the company launches a cost reduction program and reassesses its business structure in the face of persistent cost inflation and contract disputes. We’ll examine how the combination of leadership changes and higher...