Alliance Aviation Services Limited reports double digit profit growth in FY2021

    Alliance Aviation Services Limited reported (11-Aug-2021) the following financial highlights for the 12 months ended 30-Jun-2021:

    • Operating revenue: AUD306.6 million (USD228.7 million), +3% year-on-year;
      • Contract: AUD214.2 million (USD159.8 million), +6%;
      • Wet lease: AUD7.8 million (USD5.8 million), -68%;
      • Charter: AUD43.7 million (USD32.6 million), +66%;
      • RPT: AUD33.6 million (USD25.1 million), -3%;
      • Aviation services: AUD8.0 million (USD6.0 million), -20%;
    • EBIT: AUD50.9 million (USD38.0 million), +16%;
    • Profit before tax: AUD48.3 million (USD36.0 million), +19%;
    • Net profit: AUD33.7 million (USD25.1 million), +25%;
    • Total flight hours: 37,913, +0.8%;
      • Contracted: 25,873, +9.0%;
      • Wet lease: 2262, -64.1%;
      • RPT: 4759, +3.2%;
      • Charter: 4479, +82.6%;
    • Total assets: AUD608.7 million (USD454.0 million);
    • Cash: AUD36.2 million (USD27.0 million);
    • Total liabilities: AUD288.5 million (USD215.2 million).
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