Quickstep Holdings has announced a strategic Memorandum of Understanding with Alliance Aviation Services, with “significant” scope for support of the charter flight provider’s Embraer E190 aircraft fleet.
According to a statement from Quickstep on Monday, the MoU opens a period of detailed negotiation and seeks to provide “a unique component repair capability to the Alliance fleet expansion program”.
The potential value for any contract was not given.
According to the two ASX-listed companies, it covers:
“Alliance have a strong desire to build domestic MRO capability as evidenced by their investment in Rockhampton. Quickstep is proud to be in a position to offer this Australian supply chain solution as Alliance continue their remarkable growth story,” said Quickstep Managing Director Mark Burgess.
ASX-listed Alliance represents an estimated 2 per cent of the Australian aviation industry. It is a key supplier to the mining and resource companies, and supplies 30 per cent of the country’s charter services.
Quickstep announced a strategic review of its underperforming aftermarket division in February, announcing last month that it will retain the business as a core part of its company after improved conditions.
The aftermarket division was established in late-2020, following the purchase of Boeing Australia’s MRO operation in Tullamarine, Melbourne.
Picture: credit Quickstep
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