Key points
- FY26 underlying profit before tax was $38.2m, within the $35-40m guidance range
- Strategic reset and performance improvement program initiated in 2H26
- Core FIFO operations remain resilient with strong safety and operational performance
- Net tangible assets (NTA) of $2.32 per share as of 30 June 2026
- Recovery initiatives are underway to improve efficiency and returns
Full summary
Alliance Aviation Services Ltd has announced its FY26 financial results, reporting an underlying profit before tax of $38.2m, within the previously guided range of $35-40m. The company has initiated a strategic reset and performance improvement program in the second half of FY26, with further business right-sizing initiatives planned for the first half of FY27 to align the workforce and operating model with future requirements. Core FIFO operations have remained resilient, supported by strong safety and operational performance, and a positive long-term outlook for Australia's resources sector. The company has also revised its wet lease agreement with Qantas, leading to significant updates to its operating and business models. Net tangible assets (NTA) stood at $2.32 per share as of 30 June 2026.
Guidance
FY26 underlying profit before tax guidance range: $35-40m
Outlook
The company is implementing a strategic reset and performance improvement program to enhance efficiency and returns, with further business right-sizing initiatives planned for the first half of FY27.