• Revenue and EBITDA increased by 19% and 16% respectively
• Wet lease revenue grew 20% and contract revenue declined 4%
• Debt facilities increased to fund fleet expansion and acquisitions
• Continued focus on ESG initiatives including renewable energy and emissions reduction

Alliance Aviation Services Ltd reported strong financial results for FY2025, with revenue increasing by 19% to $769.7 million and EBITDA increasing by 16% to $207.3 million. The company saw a 20% increase in wet lease revenue, driven by the deployment of additional aircraft, while contract revenue declined by 4% due to reduced flying for BHP Nickel West. Aviation services revenue, including the sale of airframes, engines, and Embraer inventory, contributed $110 million, a 274% increase from the prior year. The company's debt facilities were increased by $150 million to fund the acquisition of five Embraer E190 aircraft and two additional hangars at Brisbane Airport. The company's net debt position at 30 June 2025 was $378.1 million, with a leverage ratio of 2.48 times. Alliance continued to focus on ESG initiatives, including the installation of a 100kW solar array at its Rockhampton base and the expansion of base maintenance operations to reduce emissions. The company is also preparing for compliance with AASB S2 reporting requirements from FY2026 and plans to release a Climate Action Plan in that year.

Alliance Aviation Services Ltd expects continued organic growth in contract activity, driven by increased demand from existing clients and new business opportunities, particularly in Western Australia and Queensland. FY2026 will mark the first full year of Qantas wet lease operations, which is anticipated to contribute to higher revenue and improved crew utilisation and efficiency. The company remains committed to pursuing strategic aviation services transactions that deliver enhanced profitability and generate substantial cash flows.

The Group's FY2026 market outlook remains strong, with increased wet lease services and stable contract charter operations. The focus will continue to be on optimising aircraft and crew utilisation and cost management. The company will also actively drive additional ad hoc charter revenue.