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Alliance buys 14 new planes for $112m

Lucas Baird

Alliance Aviation has purchased several new planes, engines and training equipment in defiance of the travel sector's COVID-19 crisis that has pushed some of the charter airline's larger competitors to the brink.

"With many airlines not flying and the increased demand for a 100- seat narrow-body configured aircraft in the Australian market, this acquisition is more than opportunistic, it underpins our expected growth," Alliance Aviation managing director Scott McMillan said. Jason South

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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com

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    Original URL: https://www.afr.com/companies/transport/alliance-buys-14-new-planes-for-112m-20200803-p55hxr