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Be the first with the news that moves the market- Alliance Aviation Services (AQZ) has received regulatory approval to commence commercial operations with its Embraer E190 aircraft
- The approval follows an intense six-month program, which included aircraft and spare parts acquisitions, maintenance, training and regulatory and compliance checks
- The aircraft will be operating from Adelaide and Darwin
- On market close for the Easter long weekend, Alliance is up 5.34 per cent and is trading at $4.14 per share
Alliance Aviation Services (AQZ) has received regulatory approval to commence commercial operations with its Embraer E190 aircraft.
The green tick has come from the Civil Aviation Safety Authority (CASA) and follows an intense six-month program, which included aircraft and spare parts acquisitions, maintenance, training and regulatory and compliance checks.
The aircraft will be operating from Adelaide and Darwin.
CEO Lee Schofield is pleased with the approval.
"We would like to thank CASA, our staff involved in the programme and our project contractors for delivering these approvals within the timeframe allocated," he said.
"First commercial services are scheduled for 10th April and the previously announced wet lease services to be provided to Qantas will commence as scheduled on 25th May 2021 with three aircraft," he added.
Alliance is Australasia’s leading provider of contract, charter and allied aviation and maintenance services. It provides essential services to mining, energy, tourism and government sectors.
On market close for the Easter long weekend, Alliance is up 5.34 per cent and is trading at $4.14 per share.
