How good is Alliance!!!!
 

Quite possibly the only profitable airline in the world during calendar year 2020????

Riiiight.....
The latest ASX announcement was made on the 20th May!
cool, old news

Profit before tax of $1M per aircraft. A great result. Shares are up 165% the last 9 weeks. The best performing airline in the world.

Is that why the ACCC has finally decided to look into the 20% stake that QF holds. Talk about the turtle of bureaucracy acting with lightening speed.

A good result in this climate, but then again, a fair percentage of their flying is FIFO charter work unaffected by the current state and international border closures. I'm sure other FIFO operators also made some decent money these last few months.

The shutdown would have benefitted them enormously. Everyone is looking at charter options to move people around. I read that the NRL has gone to a US style pro sport arrangement with teams flying in and out on charters the same day which is only good news for Alliance.

Yes I believe this was presented to the QLD Premier at least as a part of their 'COVIDSAFE' plan to get approval to cross state lines...

All Alliance staff except for senior management have received $1,000 worth of company shares as a bonus.

Alliance to buy 20 more aircraft. Will they go with the E190 or CRJ900?

https://www.theaustralian.com.au/bus...dad29ec87727df

It's confirmed on the ASX website. Alliance to get 14 E190 Ejets with options for a further 5 including a flight simulator. Deliveries to begin from September 2020 progressively over 8 months. There won't be any shortage of suitably qualified applicants with plenty of ex Virgin Ejet drivers currently in limbo.

https://www.asx.com.au/asxpdf/202008...3stlf2s0gc.pdf

A good choice of aircraft, $5.5million each, super cheap deal. I guess lots of spare airframes sitting around in the US and the rest of the world. Can be upgraded to the -e2 in the future with little or no training cost.

As DSJ says, lots of VA ex E-Jet rated pilots around, even some Air North guys and girls might be interested. Good luck to Alliance, they have proved time and time again that they make smart decisions, which isn't so common in Australian Aviation.

Well done. Great timing. The option to purchase a simulator is useful, non in our region adds significant cost and down time for crews.

Be interesting - when/if Alliance advertise for Flight Deck crew - whether an existing type rating will be a requirement...or maybe just preferred.

Just a thought, given that Qantas is a stakeholder in Alliance there could be opportunities for stood down QF group pilots to take LWOP to be negotiated between the two entities. Obviously Virgin pilots make more sense if they have E190 time, but not having time on type didnt stop LWOP to Jetstar on the A320 or Emirates LWOP in the early 2010s.

Or they’ll simply type their existing crews and get upto speed with a small amount of initial cadre guys.

That is also possible of course. However that doubles the training cost, move a F100 to the E190 and now you have to train an E190 pilot and a F100 pilot to replace them. The ASX release said that the F100 remains "core" and "in service for many years to come". The Embraer is the "growth" machine.

Furthermore, would their simulator be ready immediately to start type endorsing pilots on it? If not, then they would have to seek Ejet type rating courses overseas and with the restrictions on travel and quarantining required in some countries, that won't be easy in the current climate. It would be more efficient and quicker to re-qualify already type rated pilots than have pilots transition across form the F100, IMHO. This article suggests that their first E190 revenue flight will be in February 2021, so that would suggest a pretty fast lead up time for the E190 to be operational.

https://www.theaustralian.com.au/bus...c0453bf8806b17

All true, but who’s to say they haven’t already typed a bunch of pilots?

Is the fire sale purchase of the Jungle Jets straight from Qantas play book purchase of B737s after 9-11 and the B717s?

Unlikely - QQ's management got blindsided when QF bought in, and I would say that there is a decent chance that the ACCC will force them to sell once their investigation is concluded.