AQZ 0.68% $2.93 alliance aviation services limited

Ann: Significant Fleet Expansion, page-20

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    vv“This fleet acquisition represents another milestone for Alliance and is a result of many years
    of considered planning. With many airlines not flying and the increased demand for a 100-
    seat narrow body configured aircraft in the Australian market, this acquisition is more than
    opportunistic, it underpins our expected growth,” said Managing Director, Scott McMillan.
    “Our Fokker fleet remains the core of our fleet and we believe will remain in service for many
    years to come, especially given our significant spare parts and inventory stores. With limited
    Fokker aircraft acquisition opportunities, it was also the time to acquire a newer aircraft in
    order to position us for our next growth phase,” he said.
 
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