AQZ - Alliance Aviation Services

[Dona Ferentes]

Sort of to be expected: AQZ doing quite nicely..... $2.50 pre Covid, dropped to $1.50, but since then it has been up and up, gaining altitude, a rarified performer among aviation stocks. Now $4.40:

Alliance has made a record $33.7 million after-tax profit in the 2021 financial year. This was up nearly 24 per cent on the prior period. Revenue topped $300 million for the first time in the company’s history off the back of strong charter and contract flying.

"The underlying business, utilising the Fokker fleet, continues to reap the benefits of past planning and investment and is the financial and operational foundation on which the E190 expansion has been built. “We have and continue to recruit pilots, cabin crew, engineers, and other operational and corporate staff to support the earlier deployment of the fleet,” MD Scott McMillan said. “We expect to have at least 14 E190 aircraft in service by December 2021 with the balance to be deployed by mid-2022.”

 

[qldfrog]

Sort of to be expected: AQZ doing quite nicely..... $2.50 pre Covid, dropped to $1.50, but since then it has been up and up, gaining altitude, a rarified performer among aviation stocks. Now $4.40:



"The underlying business, utilising the Fokker fleet, continues to reap the benefits of past planning and investment and is the financial and operational foundation on which the E190 expansion has been built. “We have and continue to recruit pilots, cabin crew, engineers, and other operational and corporate staff to support the earlier deployment of the fleet,” MD Scott McMillan said. “We expect to have at least 14 E190 aircraft in service by December 2021 with the balance to be deployed by mid-2022.”

I actually think it is a perfect Reset company: big Airlines will be squashed as the peons are not supposed to fly, so in the next decade, Virgin, Qantas will go down, and they are too big to downsize.
Whereas smaller players will take over for the flights that we need to have, for the masters and policing forces, for the actual needs in mines, experts, and potentially taking over the skeletons of Virgin/Qantas past glories.
Qantas int'l might survive to allow the Sydney LA or Sydney London that our rulers and elite will still use but with at most one daily or so.2030 Hell
Time will tell.

 

[Dona Ferentes]

In an all-scrip deal, funded by the issuance of new Qantas shares valued at around $614 million, Qantas will acquire AQZ

Qantas first bought a 20 per cent shareholding in Alliance in February 2019. The deal announced on Thursday would see Qantas get the remaining 80 per cent of the company, funding the deal entirely through scrip – Alliance shareholders will receive $4.75 worth of Qantas shares for each Alliance share they hold.