AQZ 1.47% $3.02 alliance aviation services limited

Ann: Newmont Contract Extension, page-3

  1. 433 Posts.
    lightbulb Created with Sketch. 158
    Can’t recall AQZ loosing a FIFO contract on price or service. They are susceptible to a mining downturn but their results announcements generally contain a pie graph showing a good spread of commodities and customers, so their risk is reduced somewhat.

    Would be interested to know whether AQZ are bidding (or given the chance to bid) on FIFO contracts held by other operators, particularly in WA. They did pick up some new customers in the wake of COVID, so I assume there are opportunities to grow their FIFO market share by either offering a superior product or price, picking up new mine sites, or through taking clients away from scheduled operators. There are after all 30 E190’s to keep busy!
 
watchlist Created with Sketch. Add AQZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.