News
Australia’s Alliance Aviation Services slumps to interim loss
February 25th 2026
Charter, fly-in/fly-out (FIFO) and wet lease operator, Alliance Aviation Services, has reported a net loss of A$105.8 million (US$75 million) for the six months to December 31 2025, compared with net profit of A$28.9 million for the same six-month period in 2024. Read More » Revenue rose 7.9% to A$359.3 million, the company said in a regulatory filing. Alliance said the financial results for the half year was impacted by a A$164.8 million non-cash impairment charge on its Fokker fleet and a non-cash writedown on the carrying value of its inventories. The bottom line was also "challenged by margin pressure from a commercially unviable arrangement with one of our major wet-leasing customers that we are currently negotiating", Alliance managing director, Stewart Tully, said. "Our immediate priority is the disciplined execution of the operational turnaround plan to improve capital allocation, profitability and cash flow generation, and strengthen the balance sheet," Tully said. "This includes an organisation-wide review of our cost base and expense management to align with the current operating context." The company has forecast profit before tax of between A$35 million and A$40 million for the full 2025/26 year, down from A$82.1 million in the prior year.
