News for Alliance Aviation Services Limited (AQZ.AX)

Revenue: Record revenue of $339 million, up 11% from the previous period.EBITDA: $101.2 million, an increase of 26%.Profit Before Tax: $41.3 million, up 9.5%.O

Feb 12, 2025 / 10:00PM GMTStewart Tully - Alliance Aviation Services Ltd - Group Chief Executive Officer Good morning. It's Stewart Tully, Chief Executive Offic

Revenue: $646.8 million, a significant increase from the previous year.EBITDA: $178.4 million.Profit Before Tax (PBT): $86.3 million, slightly above consensus.

BHP’s Nickel West suspension could mark the death knell for Australia’s nickel sector and has widespread ramifications that go beyond the company.

The local share market finished up nearly a third of a per cent, driven by strong runs in the IT and utilities sectors.

The ASX200 finished the week on a strong note, up nearly 1.5 per cent to a record high of 7699 points.

Alliance Aviation Service (ASX:AQZ) has promoted Chief Operating Officer Stewart Tully to the role of Chief Executive, effective March 1.

The ASX200 is up nearly one and a half per cent so far today, rebounding from yesterday's losses.

The ASX200 has done even better than futures tipped – up nearly .4 of a per cent in early trade. Utilities is the best performing sector.

The major U.S. index futures are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of direction after ending the previous session sharply lower.

Asian stocks retreated on Thursday, with concerns of a wider conflict in the Middle East, rallying oil prices and a continued surge in bond yields weighing on sentiment.

The airline has abandoned its plans to fully acquire charter operator Alliance Aviation after the competition watchdog opposed the bid earlier this year.

The Qantas Airways Limited (ASX:QAN) share price is down after it canned the acquisition of Alliance Aviation Services Ltd (ASX:AQZ).