Alliance posts solid half-year as wet-leasing grows

The FIFO and charter operator, which had 76 aircraft in revenue service as of 31 December, posted a statutory pre-tax profit of $41.3 million, up $3.6 million or 9.5 per cent, with 58,362 total flight hours, up from 50,793. 97 per cent of these hours were flown under long-term contracts.