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Alliance Aviation Services (AQZ) investor relations material

Alliance Aviation Services AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 summary27 Nov, 2025

Opening remarks and agenda

  • Chair welcomed attendees, introduced directors and management, and outlined meeting procedures and agenda.

  • Confirmed quorum, proper notice, and opened the meeting for official business and voting.

  • Chair acknowledged recent Board and management changes, emphasizing a commitment to transparency and improved performance.

  • Focus on near-term initiatives: optimizing core business, strengthening the balance sheet, and renegotiating key contracts.

Financial performance review

  • Reported record 113,000 flying hours and total revenue of AUD 769.7 million, up 19% year-on-year.

  • EBITDA reached AUD 207.3 million, up 16.2%, but statutory profit before tax fell 4.9% to AUD 82.1 million due to rising costs and depreciation.

  • Net debt stood at AUD 436 million, with a forecast to reduce to AUD 392 million by year-end.

  • Operating cash flow was AUD 105.6 million, down 3.4% from the prior year.

  • Asset portfolio independently valued at over AUD 900 million, with net tangible assets per share at AUD 2.73.

Board and executive committee updates

  • Significant board renewal: new Chair, new Managing Director, two new directors (Bernie Campbell and Simon Lange), and upcoming appointment of Jason Corman.

  • Managing Director and CFO roles changed; interim CFO appointed, with search for permanent CFO ongoing.

  • Board and management focused on transparency, performance improvement, and governance.

How will ACMI contract terms be renegotiated?
Outline cost review and procurement process changes.
Detail non-core asset sale strategy.
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Frequently asked questions

Alliance Aviation Services Limited, based in Australia, specializes in providing contract, charter, and allied aviation services. The company serves a variety of sectors including mining, energy, tourism, and government, both domestically and internationally. Its offerings extend beyond traditional aviation services to specialized areas such as aircraft wet leasing, dry leasing, airport management, aircraft trading, parts sales, engine leasing, and engineering services. The company is headquartered in Brisbane, Queensland, and its shares are listed on the ASX.

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