Business
Alliance pounces on planes deal, buying 14 Embraer jets – The Australian
A $111m deal done entirely over the internet will see Brisbane-based airline Alliance take delivery of 14 Embraer E190 jets from September.
A $111m deal done entirely over the internet will see Brisbane-based airline Alliance take delivery of 14 Embraer E190 jets from September.
The seemingly COVID-resistant carrier raised the funds in an institutional placement and share purchase plan in June after seeing the opportunity to expand its fleet at a good price in the current pandemic.
Alliance managing director Scott McMillan said the second-hand jets from Azorra Aviation in the US were previously operated by Panama’s Copa Airlines,…
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