Alliance Aviation (ASX:AQZ) has renewed its fly-in-fly-out (FIFO) contract with Glencore Coal Assets Australia, with a three-year period and an option to extend.
Alliance, which has a market capitalisation of $508 million, has a fleet of jet aircraft that has capacity to respond to Glencore’s needs by offering aircraft and assistance, ensuring uninterrupted service delivery, while maintaining operational continuity for Glencore.
Managing Director Scott McMillan says the contract retention reaffirms the company’s position as a “trusted provider” in the aviation industry.
Alliance operates via the Sunshine Coast airport to Emerald in Queensland, standing as the only FIFO provider of any scale to do so.
Both companies have been working together for nine years on a continuous basis.
Alliance Aviation is a contract, charter, and allied aviation and maintenance services provider that employs more than 1,300 staff. The company provides essential services to the mining, energy and government sectors.
Glencore Coal Assets Australia is a privately held company that operates a mixture of open cut and underground coal mines across New South Wales and Queensland.
Write to Aaliyah Rogan at Mining.com.au
Images: Alliance Aviation
