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Alliance Aviation Sells Engines for $62.3 Million
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Alliance Aviation Sells Engines for $62.3 Million
Alliance Aviation Services (ASX: AQZ) has confirmed the sale of 12 General Electric CF34-10E engines to Beautech Power Systems, a US-based company, for $62.3 million. Alliance Aviation Services provides aviation and maintenance services. The company specialises in providing fly-in, fly-out aviation services for the mining and resources sectors. The high-thrust, turbofan engines are currently located in Ireland, having been removed from six aircr…
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