Alliance Aviation Services tourism charter contract extension

Company News

by Rachael Jones

Alliance Aviation Services (ASX:AQZ) today signed a three year contract extension with United States luxury tour provider Tauck.

The contracted flights support Tauck’s Australian itineraries including Melbourne, Uluru, Cairns and Sydney.

Since 2014 the tours have grown significantly with over 50 charters during this year in both Australia and New Zealand.
The first year will see this rise to 70 charter flights.

Due to this deal - Alliance has elected not to extend the current New Zealand contract beyond 31 December 2018.

Tauck is one of the world’s leading tour operators providing travel experiences all around the world.

Shares in Alliance Aviation Services (ASX:AQZ) are trading 0.41 per cent lower to $2.43.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.