Alliance has a proven track record of generating reliable earnings from its leading share of fly-in fly out (FIFO) mining work and has expanded into spare parts and servicing from its once in a lifetime purchase of Austrian Airlines' Fokker fleet.

Australian flag carrier Qantas announced an expansion of its three-year deal with Alliance Airlines, which provides QantasLink with capacity using Alliance's Embraer E190 regional jet aircraft and the flexibility to respond to changing market conditions.

AQZ's strategy has evolved to becoming a broader supplier of charter and spare parts services, as well as wet and dry leasing (wet is with the flight crew, dry is plane only).

**FY21 forecast