Australian Aviation Magazine website is reporting resource charter FIFO operator Alliance Airlines has used its annual general meeting to announce plans to expand its aircraft fleet.
Alliance Airlines currently operates a fleet of 26 aircraft comprising of 18 Fokker 100s, 2 Fokker 70s and 6 Fokker 50s. All but one are operational and with current contracts the airline is operating at capacity.
Alliance was publicly listed on the ASX last December . The airline reported a net profit after tax of $19.1 million on revenues of $184.2 million dollars. This result was above the forecast in the IPO and about 40% more than the previous financial year.
http://australianaviation.com.au/2012/10/alliance-flags-more-aircraft/ for Australian Aviation article.
http://www.allianceairlines.com.au/docs/investor/aqz-media-release-20th-august-2012.pdf?sfvrsn=2 for Alliance Airlines media release summarising end of financial year results.