May 20 (Reuters) - Alliance Aviation Services Ltd AQZ.AX :
* ALLIANCE AVIATION SERVICES LTD - EXPECTS TO REPORT FY20 PROFIT BEFORE TAX IN EXCESS OF $40 MILLION.
* ALLIANCE AVIATION SERVICES - NOT EXPECTING ANY WETLEASING ACTIVITY FOR REMAINDER OF FY20
* ALLIANCE AVIATION SERVICES - ANTICIPATING LIMITED DEMAND FOR WETLEASING ACTIVITY IN FY21
* ALLIANCE AVIATION SERVICES- NOT EXPECTING A FULL RESUMPTION OF INBOUND TOURISM FLIGHTS UNTIL AT LEAST FY22
* ALLIANCE AVIATION SERVICES- ALL INBOUND TOURS OPERATED BY CO SUSPENDED FOR FORESEEABLE FUTURE; NOT EXPECTING FULL RESUMPTION UNTIL AT LEAST FY22
* ALLIANCE AVIATION SERVICES - PERFORMANCE INCENTIVE PLAN FOR SENIOR MANAGEMENT TEAM HAS BEEN CANCELLED FOR FY20
* ALLIANCE AVIATION SERVICES- EXPECTS 2HFY20 REVENUE FROM AVIATION SERVICES TO BE MARGINALLY LESS THAN FIRST HALF
* ALLIANCE AVIATION SERVICES - EXPECTS 2HFY20 REVENUE FROM AVIATION SERVICES TO BE MARGINALLY LESS THAN H1
* ALLIANCE AVIATION SERVICES- MARKETING AND DISTRIBUTION AGREEMENT WITH VIRGIN IS STILL OPERATING DURING VIRGIN'S VOLUNTARY ADMINISTRATION PROCESS
* ALLIANCE AVIATION SERVICES- PERFORMANCE INCENTIVE PLAN FOR SENIOR MANAGEMENT TEAM CANCELLED FOR FY20
* ALLIANCE AVIATION SERVICES- SERVICES FROM BRISBANE TO PORT MACQUARIE REMAIN SUSPENDED