Premier Air Charter Q2 FY26 net loss widens 28.7% to $1.29 million; revenue falls 22.1% to $5.78 million - PREM News | RalliesPremier Air Charter Q2 FY26 net loss widens 28.7% to $1.29 million; revenue falls 22.1% to $5.78 million
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PREM• Outlook
- Management expects aircraft N450JB to return to service by end-August 2026, subject to maintenance completion and testing.
Quarterly results
- Premier Air Charter Holdings posted a net loss of $1.29 million for the quarter ended June 30, 2026, widening 28.7%.
- Revenue fell 22.1% to $5.78 million, hit by the removal of the Paradigm fleet and N450JB downtime.
- Operating loss widened 10% to $905,957 as gross margin slid 3.6 percentage points to (0.6)%.
- Other expense more than doubled to $381,441 on higher interest expense tied to aircraft leases and additional debt.
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