April 18 (Reuters) - Alliance Aviation Services Ltd (AQZ)
- OZ Minerals has provided notice that our existing contract to prominent hill in south australia will conclude on 11 August 2017.
- With flights continuing until 11 August 2017 there will be no impact on Alliance's FY17 financial results
- Contract also provides alliance with a significant exit fee to further offset any future financial impact.
- Revenue arising from contract during last 12 months was 5.8% of total revenue and had been forecast to reduce significantly in FY18.
News: AQZ Alliance Aviation Services says existing contract to Prominent Hill will conclude
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Mkt cap ! $392.8M | |||
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