Alliance Aviation FY2017 summary

    Alliance Aviation announced (10-Aug-2017) FY2017 results, including:

    • Profit before tax: AUD19.6 million (USD14.8 million), +45.2% year-on-year;
    • Improved cash flow from operations;
    • Total Revenue Flying Hours: 2215 hours, +11%;
    • Total Revenue: AUD203.2 million (USD153.2 million), +11.3%;
    • Total Debt: down AUD5 million (USD4 million);
    • Sustaining capital expenditure, AUD23.6 million (USD18.6 million), as forecast;
    • Fokker Fleet Project fully funded;
    • Dividend, 3.0 cents, + 50%. [more – original PR]