Alliance reports improved full FY2021 results

Alliance Aviation Services has announced a record statutory full year profit before tax (PBT) of A$48 million with an underlying PBT of A$51 million. This is an increase of 19% and 25% when compared to the previous financial year. Statutory net profit after tax (NPAT) also increased by 26% to A$34 million. Commenting on the 2021 financial year results, Alliance’s Managing Director, Scott McMillan, stated, “Alliance has produced a record result at a time when we are investing heavily in supporting the growth of the business. The underlying business, utilising the Fokker fleet, continues to reap the benefits of past