Menzies Aviation has announced the acquisition of a 51% shareholding in Royal Airport Services, an aviation services business based in Pakistan.
Royal Airport Services has been operating since 2007 and has a strong position in its local markets, providing a range of aviation services including ground and cargo handling, airline ticketing and cargo sales across Pakistan. It handles both domestic and international carriers across eight airports, with revenue in excess of US$20m in 2019. The deal offers Menzies Aviation the opportunity to enter the growing Pakistan aviation services market.
This acquisition creates a strong platform for Menzies Aviation in this attractive growth market and represents clear delivery against the company’s strategic objectives of increasing depth of service capability and expanding its geographical footprint.
