Australia · Delayed Price · Currency is AUD Alliance Aviation Services Earnings Call Transcripts
Fiscal Year 2026
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Half-year results were below expectations due to an unviable wet lease contract, higher costs, and major asset impairments. Turnaround actions include cost controls, asset sales, and a focus on cash generation, with full-year profit before tax now guided at AUD 35–40 million.
Fiscal Year 2025
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The AGM covered board renewal, financial results, and strategic actions to address rising costs and contract repricing. Shareholders approved all resolutions, and management outlined plans to optimize operations, review assets, and strengthen governance. Key risks include margin erosion and cost inflation.
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Record flight hours and strong revenue growth drove record EBITDA and a return to dividends. Fleet optimization, asset sales, and engine trading improved cash flow and reduced net debt, with a stable outlook focused on efficiency and shareholder returns.
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Record half-year revenue and profit growth driven by increased flight hours and fleet expansion, with stable contract revenue and strong wet lease performance. Labor cost increases from new enterprise agreements present a challenge, but operational efficiencies and asset sales are expected to help offset impacts.
Fiscal Year 2024
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Record financial and operational results were achieved in FY24, driven by fleet expansion and contract renewals. The board underwent renewal, no dividend was declared, and major infrastructure projects were completed. Shareholders approved all resolutions, and management addressed concerns about debt, share price, and sector risks.
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Revenue and EBITDA saw strong year-over-year growth, driven by wet lease expansion and high fleet utilization. Capital investment continues, with leverage peaking in FY25 before declining, and dividends deferred until post-expansion.