4E & Annual Report to shareholders

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Stock Alliance Aviation Services Ltd (AQZ.ASX)
Release Time 20 Aug 2025, 4:28 p.m.
Price Sensitive Yes
 Alliance Aviation Services reports FY2025 results
Key Points
  • Achieved record flight hours of 113,621, up 8.7% from FY2024
  • Maintained industry-leading on-time performance of 91%
  • Statutory net profit before tax of $82.1 million, down 4.9% from FY2024
  • Expanded Embraer E190 fleet, with 30 aircraft deployed for Qantas wet lease operations
Full Summary

Alliance Aviation Services Limited reported a resilient operational and financial performance for the 2025 financial year, despite facing a range of external challenges. The company achieved record flight hours of 113,621, an 8.7% increase from the previous year, with 97.3% of these hours conducted under long-term customer contracts. Alliance maintained its industry-leading on-time performance at 91%. The company's statutory net profit before tax was $82.1 million, a decrease of 4.9% compared to FY2024, while net profit after tax was $57.3 million, down 5.3%. Total revenue from continuing operations increased by 19.4% to $760.9 million, driven by a 20% rise in wet lease revenue to $318.8 million and a 6.7% increase in charter revenue to $17.3 million. Contract flying revenue declined 3.7% to $298.3 million. The company made significant progress in its fleet expansion program, with 10 of the 34 Embraer E190 aircraft acquisitions settled during the year, including 3 entering service and 5 designated for sale. To support the fleet growth, Alliance acquired additional hangars at Brisbane Airport and expanded its workforce to over 1,450 people. The company also completed strategic sales of aircraft, engines, and inventory to improve operational reliability and reduce debt. Looking ahead, Alliance is focused on improving utilization, cost management, and cash flow to reduce debt levels, while also undertaking a strategic review to further develop the company's strategy and actions.

Guidance

Alliance Aviation Services reported revenue from continuing operations of $760.9 million and statutory net profit before tax of $82.1 million for the 2025 financial year.

Outlook

The outlook for the Group in FY2026 remains positive, with the first full year of wet lease operations for Qantas. Alliance is focused on improving utilization of aircraft and operational resources, optimizing cash flow to reduce debt levels, and undertaking a strategic review to further develop the company's strategy and actions.