Alliance Aviation Services Limited (AU:AQZ) has released an update.
Alliance Aviation Services Limited has encountered delays in their 2023 Aircraft Acquisition Programme, resulting in 7 of the planned 30 Embraer E190 jets being delivered by AerCap. Financially, Alliance has adjusted its settlement expectations to 12 aircraft by the end of 2024, with costs estimated between $128 million and $144 million. They have also secured funding through a renewed and upsized facility with ANZ Bank and…
Read More…
Source: https://www.tipranks.com/news/company-announcements/alliance-aviation-adjusts-acquisition-plans