Statutory NPAT fell to A$82.1 million, impacted by weather disruptions, industrial action, and aircraft damage
BRISBANE: Alliance Aviation Services Ltd. (ASX: AQZ) reported record flight hours and a 19.4% jump in revenue for fiscal year 2025, despite a 4.9% decline in statutory profit before tax.
The company logged 113,621 flying hours—its fifth consecutive annual record—driven by strong wet lease demand, including full deployment of 30 Embraer E190 aircraft under its Qantas agreement. Total revenue rose to A$760.9 million, while EBITDA climbed 16.2% to A$207.3 million.
Statutory NPAT fell to A$82.1 million, impacted by weather disruptions, industrial action, and aircraft damage. Operating cash flow dipped 3.4% to A$105.6 million, while net debt increased to A$378.1 million following fleet expansion and maintenance investments.
Joint Managing Director Stewart Tully credited the company’s resilience and operational agility: “Our teams adapted swiftly to external challenges, ensuring client commitments were met.”
Alliance declared a fully franked dividend of A$0.03 per share and ended the year with 79 aircraft in revenue service. The company expects FY26 growth from expanded Qantas wet lease operations and increased contract activity in Western Australia and Queensland.
The Rockhampton hangar upgrade is set to reduce offshore maintenance needs, cutting emissions and costs. Alliance also plans to pursue strategic aviation services transactions and maintain strict cost controls to enhance profitability.