)
Alliance Aviation Services (AQZ) investor relations material
Alliance Aviation Services H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved fifth consecutive year of record flight hours, up 8.7% to 113,621 hours, primarily from wet lease operations with Qantas.
Revenue grew 19% year-over-year to $769.7m, driven by increased wet lease and charter activity, despite contract revenue decline due to reduced BHP Nickel West flying and weather disruptions.
EBITDA rose 16% to $207.3m, while profit before tax fell 5% to $82.1m, reflecting higher operating expenses and finance costs from fleet expansion.
Returned to paying fully franked dividends ($0.03 per share), first since FY 2020.
Strategic focus shifting from rapid growth to efficiency, cash conversion, and shareholder returns.
Financial highlights
Record revenue and EBITDA, with EBITDA at $207.3 million for the year.
Net debt reduced to $378.1 million from $425.5 million at December 2024.
Net tangible assets per share increased from $2.39 to $2.70, a 14% year-on-year rise in net assets.
Operating cash flow was strong at $105.6 million, up 23.6% year-over-year.
Aviation services revenue surged 274% to $110.0m, reflecting significant asset sales.
Outlook and guidance
Expecting full-year effect of 30 aircraft in Qantas wet lease operations in FY 2026.
Net debt to EBITDA expected to decrease to 1.65x–1.7x in FY 2026.
D&A forecast to rise to $100–$105 million, interest to drop to $28–$30 million in FY 2026.
CapEx for engines forecast at $59.8 million in FY 2026, primarily growth-related and non-recurring.
Ten E190 aircraft to be settled before June 2026; two to enter service, remainder to be sold.
Next Alliance Aviation Services earnings date
Next Alliance Aviation Services earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)