Brisbane-based Alliance Airlines has recorded a statutory loss before tax of AU$7.1 million (US$5.03 million) and an underlying profit before tax of AU$45.3 million (US$32.07 million) for the 12 months to June 30, 2022, with the wet-lease and contract business performing particularly well. In a stock exchange filing on Wednesday evening, the airline said it was now transitioning from a period of investment in growth to a return on investment phase.
Read More Here: Alliance Airlines Contract & Wet Lease Flying Spikes In FY2022 | SimpleFlying.com
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