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NAHCO Eyes ₦300bn Revenue by 2029, Secures Airline Partnerships

by Pointnews247
December 31, 2024
in News
0

The Nigerian Aviation Handling Company Plc (NAHCO Aviance) has announced its ambitious target of generating ₦300 billion in revenue by 2029.

This projection is buoyed by renewed strategic partnerships with leading global airlines, including Emirates, Virgin Atlantic, and Turkish Airlines.

Strengthened Airline Contracts Emirates, which resumed operations in Nigeria in October, has extended its ground handling contract with NAHCO for another five years. Virgin Atlantic and Turkish Airlines have also reaffirmed their trust in NAHCO’s services, extending their long-standing partnerships.

Prince Saheed Lasisi, Group Executive Director for Commercial and Business Development, described the contract renewals as a vote of confidence. “This is a testament to the trust these world-class airlines have in us. We are committed to exceeding expectations and ensuring their operations in Nigeria remain seamless,” he said.

Commitment to Excellence
NAHCO’s Group Managing Director, Mr. Indranil Gupta, attributed the company’s growth to its leadership in the ground handling sector. “For 45 years, NAHCO has been at the forefront of aviation handling services in West Africa. Our investments in equipment, training, and innovation are critical to achieving our ₦300 billion revenue goal by 2029,” Gupta stated.

Regional Leadership
As one of the leading ground handling providers in West Africa, NAHCO’s renewed airline partnerships strengthen its position in the aviation industry. The company continues to prioritize innovation, operational efficiency, and client satisfaction, setting new standards for ground handling services across the region.

With a focus on strategic growth and international collaborations, NAHCO is well-positioned to enhance shareholder value and drive the development of the Nigerian aviation industry.

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