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Alliance Airlines Reports 9.5% Profit Growth, Names New Chairman

Alliance Airlines (Australia) has announced a 9.5% increase in statutory profit before tax, reaching $26.2 million for 1H FY2024, while revenues rose by 11.3% to $211.6 million for the period ending 31 December 2024. The company also confirmed the appointment of James Jackson as chairman.

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Dubai Aerospace Enterprise Reports Strong 2024 Financial Performance

Dubai Aerospace Enterprise (DAE) has reported its full-year 2024 financial results, showing solid revenue growth and increased profitability. The company posted total revenue of $1.42 billion, while profit before tax reached $532.3 million, demonstrating strong financial resilience. As of December 31, 2024, DAE’s available liquidity stood at $3.78 billion, reinforcing its financial stability and investment capacity.