The FIFO, wet lease and charter operator in earnings guidance this month said it expected its EBITDA for the year ending 30 June 2026 to be “materially lower than analyst consensus estimates”, at around $190–$210 million.
VH-NWJ, a Cessna 208B operated by East Air, was returning to Lizard Island on 8 January 2024 with nine passengers on board after the pilot noticed a significant uncommanded increase in engine power, but overshot the runway, flipped over and came to res…
The announcement was funded by the company’s $115 million capital raise and will support the company’s $500 million sales pipeline.