Commonwealth Bank of Australia ceases to be major shareholder in Alliance Aviation Services

    Alliance Aviation Services announced (31-Jan-2018) the Commonwealth Bank of Australia (CBA), as well as related corporate entities, has ceased to be a substantial shareholder. Since 07-Dec-2017, CBA has sold 750,000 shares in the carrier across six tranches, for a total consideration of AUD1.2 million (USD972,600). [more – original PR]