BRIEF-Alliance Aviation Services Sees Impairment Charge Of A$130 Mln In HY, Others

Reuters
4 hours ago
BRIEF-<a href="https://laohu8.com/S/ALAVF">Alliance Aviation Services</a> Sees Impairment Charge Of A$130 Mln In HY, Others

Feb 12 (Reuters) - Alliance Aviation Services Ltd AQZ.AX:

  • SEES IMPAIRMENT CHARGE OF A$130 MILLION AGAINST CARRYING VALUE OF FOKKER F70 AND F100 AIRCRAFT IN HY

  • SEES HY A$30 MILLION IMPAIRMENT, WRITE-DOWN OF FOKKER ENGINES, SPARE PARTS AND INVENTORY

  • FOKKER AIRCRAFT TO BE PROGRESSIVELY RETIRED AND REPLACED.

Further company coverage: AQZ.AX

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10