Alliance expansion and new aircraft

[lloyd fox]

SOURCE:The Australian and other sites today

Brisbane-based airline Alliance Aviation has announced plans to raise more than $120m to buy up to 20 more aircraft as demand for fly-in, fly-out services continues to grow.

The airline currently operates an all-Fokker fleet of 50 aircraft but managing director Scot McMillan said with no good F100s left in the market, the company was interested in buying Embraer E190s and Bombardier CRJ900s.

With the foreign exchange rate improving, and second-hand aircraft at a surplus, Mr McMillan was confident of getting a good deal.