AQZ 3.49% $3.04 alliance aviation services limited

Ann: Wet lease agreement options with Qantas Airways Limited, page-5

  1. 961 Posts.
    lightbulb Created with Sketch. 157
    Thanks for the explanation.
    My reading from today's announcement was that Qantas have options over eighteen E190's, of which commitments have been given for eight.
    I was unsure on what basis the options work and if Alliance are free to utilise the Aircraft until Qantas commit. Are they binding on both parties?
 
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