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Alliance Aviation Addresses Media Speculation, Upholds Disclosure Obligations

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Alliance Aviation Addresses Media Speculation, Upholds Disclosure Obligations

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The latest announcement is out from Alliance Aviation Services Limited ( (AU:AQZ) ).

Alliance Aviation Services Limited has acknowledged media speculation from an article in The Australian but has chosen not to comment on it, affirming its compliance with continuous disclosure obligations. This stance reflects the company’s commitment to maintaining transparency and regulatory adherence, which is crucial for its stakeholders, including investors and clients in the aviation and related sectors.

The most recent analyst rating on (AU:AQZ) stock is a Buy with a A$2.58 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.

More about Alliance Aviation Services Limited

Alliance Aviation Services Limited is a leading provider of contract, charter, and allied aviation and maintenance services in Australasia, employing over 1,450 staff. The company serves the mining, energy, and government sectors, and offers wet lease services for other airlines. It has a growing business in aircraft, engine, and spare parts trading. Alliance is distinguished by its IATA IOSA certification and Flight Safety Foundation BARS Gold status, and it owns its entire fleet, which includes Fokker 70/100 and Embraer E190 aircraft. The company operates from several bases across Australia and is locally owned, with shareholders primarily in Australia and New Zealand.

Average Trading Volume: 81,423

Technical Sentiment Signal: Sell

Current Market Cap: A$328.5M

Learn more about AQZ stock on TipRanks’ Stock Analysis page.

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