This is a very smart management team. Well done AQZ. Potentially 14 of the 30 E190's under a wet lease with the first three making a 5% increase in revenue. A straight line extension suggests that this contract alone with Qantas might improve revenues by around 23%. Plus Virgin are interested and there's got to be dry lease potential in Asia.
Initially I was worried that the 30 E190 plane acquisition might see a few of them hang around the hangars for lengthy periods.
I do like the comment that the E190's are the ideal plane in a likely post Covid world.
They've got to make a good ROI given the low acquisition cost of the planes themselves.
Ann: Alliance signs E190 capacity deal with QANTAS, page-3
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Last
$2.58 |
Change
-0.080(3.01%) |
Mkt cap ! $415.2M | |||
| Open | High | Low | Value | Volume |
| $2.66 | $2.66 | $2.56 | $82.68K | 31.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 820 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.63 | 800 | 1 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| AQZ (ASX) Chart |