Alliance gives update on Fokker aircraft sales and purchases

Company News

by David Chau

Alliance Aviation Services Ltd (ASX:AQZ) has announced that five Fokker aircraft have been delivered to it by Austrian Airlines AG.

Previously, in November 2015, Alliance entered a deal to buy 21 of these aircraft from Austrian Airlines.

Alliance says it also completed its first sale of a fully Australian certified Fokker 100 aircraft, which was delivered in Perth yesterday.

This is the first of three aircraft that Alliance is contracted to provide to QantasLink, a subsidiary of Qantas Airways Ltd (ASX:QAN).

Alliance reported a net profit of $4.9 million at 31 December 2015.

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