Alliance Airlines Reports FY2025 Results

Charter and fly-in-fly-out specialist carrier Alliance Airlines has reported a statutory before tax profit of AUD82.1 million (USD52.9 million) for the twelve months ending June 30, 2025.

The airline posted its results late on August 20, 2025.

The airline reported total revenue of AUD760.9 million (USD490.3 million), up 19.4% on the previous financial year. Alliance’s net debt position, as of June 30, was AUD378.1 million (USD243.6 million).

The airline operated 113,621 flying hours across the 2025 financial year – its highest ever and fifth consecutive year of record flight hours.

“Our operating performance for the year was outstanding,” said Joint Managing Director Stewart Tully. He said the airline achieved record flying hours was despite repeated severe weather events, protected industrial action, and two aircraft unexpectedly going out of service after being damaged.

“We expanded the fleet with the purchase of five Embraer E190s settled during the year which brought the fleet to 79 aircraft in service,” continued Tully. “We also completed the Qantas wet lease entry into service program, with the last of thirty E190s successfully deployed.”

The following table summarises Alliance's income statement.

The notes accompanying the results contained the following points:

• Wet lease revenue increased as Alliance deployed additional aircraft.
• Charter revenue increased as aircraft capacity increased in the second half of the financial year.
• Contract revenue declined because of reduced BHP Nickel West flying.
• Severe weather events, damage to aircraft, and industrial action negatively impacted all revenue streams.
• Aviation services revenue included cash from the sale of five airframes, thirteen engines cores, ten engines, and a parcel of Embraer inventory.
• Depreciation has continued to increase, reflecting increases in the number of aircraft, aircraft mix, and aircraft utilisation.
• Strategic growth funded by debt resulted in increased financing costs.
• The tax expense increased in line with profitability. However, the airline says that it expects to pay no cash tax until the 2027 financial year.

The following table breaks down Alliance's flying hours across the 2025 financial year.

In terms of fleet, Alliance Airlines owns its aircraft, which it says provides it with flexibility on composition and deployment.

Fokkers will cease operating in North Queensland by the end of the year – replaced by the E190s, which Alliance says will “result in greater efficiency and operational resilience.”

The airline plans to settle on a further ten E190s this financial year. Of these aircraft, two will be added to the fleet and the remainder on-sold as part of aviation services activities. Alliance adds that this will result in significant cash flows once settled.

You can access Alliance's 2025 financial report here.

Photo: Aero South Pacific