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.
This is a very smart management team. Well done AQZ. Potentially...
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Last
$2.66 |
Change
0.040(1.53%) |
Mkt cap ! $428.1M | |||
| Open | High | Low | Value | Volume |
| $2.62 | $2.67 | $2.60 | $32.71K | 12.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10704 | $2.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| AQZ (ASX) Chart |