Investor Presentaiton

Outlook Outlook The first half of the FY was dominated by "stay-at-home" public health orders, travel restrictions and border closures. The Omicron strain of COVID emerged in December and completely decimated air travel. The second half will continue to be affected by COVID and prospect will be subdued in this period. However, there are signs that indicate an uptake of bookings in recent weeks that suggest we may have reached the bottom, barring another variant. rex. AAPA PEL-AIR AAPA AUSTRALIAN AIRLINE PILOT ACADENY VICTORIA

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