Menzies Aviation is now the world’s second largest and fastest growing global aviation support services business. Its strategy remains unaltered. Within ground handling the business will continue to grow into a large and available market. With a specialisation for handling narrow bodied aircraft, growth will continue to be predominantly organic as we consolidate positions, enter new airports and seek out new geographies. Within cargo handling new ventures will typically be where a cargo facility is complementary to an existing ground handling business. Away from major airports that are over supplied, cargo handling delivers good returns and growth opportunities will be pursued where the market dynamics are right.
The aviation services sector remains highly fragmented with strong and deliverable growth prospects and Menzies Aviation is well placed to capitalise on this.