Menzies wins Air Canada business, awaits takeover

Edinburgh-based Menzies Aviation, the global aviation logistics specialist, announced it has renewed a ground services contract with Air Canada at Heathrow Airport (LHR) and won new business at Copenhagen Airport (CPH).

The board of John Menzies said in March it recommended that shareholders accept a £571 million cash takeover offer from Kuwait-based National Aviation Services (NAS), a subsidiary of Agility Public Warehousing Company.

The offer of £6.08 per share represents a premium of 81% to the Menzies closing share price of £3.35 on February 8, 2022, the last business day prior to the offer period.

“Air Canada has once again chosen Menzies to deliver passenger, ramp, cabin cleaning and lounge services at LHR, the airline’s largest airport operation internationally,” said Menzies.

“With a long-term duration, the renewal is expected to see Menzies support 3,700 aircraft turns per annum, as Air Canada returns to pre-pandemic flight volumes at LHR.

“In addition, Menzies has won a new contract to provide passenger, ramp, cabin cleaning and de-icing services for Air Canada at CPH.

“LHR and CPH are the first stations to adopt the terms of a Master Services Agreement (MSA) between Air Canada and Menzies Aviation, which streamlines the contractual process.

“Air Canada is a global customer for Menzies, which serves the carrier in locations across Europe, the Americas and Australia.”

Miguel Gomez, Executive Vice President – Europe, Menzies Aviation, said: “We are proud to build on our partnership with Air Canada at Heathrow Airport and win a new contract at Copenhagen Airport.

“Air Canada is a global customer for Menzies and these latest awards are a testament to our teams, who deliver safe, secure and efficient services day in, day out for our customers.”

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Mark McSherry
Dalriada Media LLC sites are edited by veteran news journalist Mark McSherry, a former staff editor and reporter with Reuters, Bloomberg and major newspapers including the South China Morning Post, London's Sunday Times and The Scotsman. McSherry's journalism has also appeared in The Washington Post, The Guardian, The Independent, The New York Times, London's Evening Standard and Forbes. McSherry is also a professor of journalism and communication arts in universities and colleges in New York City. Scottish-born McSherry has an MBA from the University of Edinburgh and a Certificate in Global Affairs from New York University.