ASX:AQZAirlines
Alliance Aviation (ASX:AQZ) Is Down 42.7% After Leadership Shakeup and Earnings Downgrade - Has the Outlook Shifted?
Alliance Aviation Services Limited recently announced a sharp downgrade to its FY26 earnings outlook, citing higher aircraft purchase and maintenance costs, ongoing supply chain inflation, and an unresolved contract dispute, alongside the immediate resignation of founding Managing Director Scott McMillan and CFO Andrew Evans.
The leadership transition, combined with rising cost pressures and internal reviews of business units and capital allocation, marks a pivotal period for the company's...