NIGERIAN Aviation Handling Company Plc, (NAHCO Plc) the nation’s leading ground handling Company, has taken delivery of another set of ground support equipment valued at about half a billion naira, as part of the 3.6-billion-naira equipment proposed in 2019 for injection into the company to aid facility upgrade and enhanced service delivery.
The new delivery is the first of two sets expected before the end of the first quarter of 2020.
Also the company has also completed renovation of the cargo complex, which houses the airlines, cargo agents, banks and other clients.
Group Managing Director and Chief Executive Officer of NAHCO Mrs Tokunbo Fagbemi who spoke on these developments said, ’’Our plan is to make NAHCO customer- centric, and with this renovation, as well as the ongoing equipment purchase, we are providing our clients a conducive environment to operate from. We are also coming up with fresh innovations to offer our numerous clients better deals, and retain a minimum of 65 per cent market share in aviation ground handling business’’.
She said, “We will continue to strive for excellence at all times. This is just part of the equipment being expected, some more will be delivered in the coming days. The era of inadequate equipment is sure to be over soon’’.
The GMD however attributed the company’s current low run to the Covid-19 pandemic stating that it has adversely impacted its operations.
She however said that despite the pandemic, NAHCO’s 5- year transformation plan is still on course, apart from the significant slow down as a result of the closure of the airports due to Covid-19, expressing hope that the company is optimistic to scale through the hurdles.
NAHCO Plc is a Nigerian diversified enterprise with interests in aviation cargo, aircraft handling, passenger facilitation, crew transportation and aviation training.
The company currently serves several airlines across the major functional airports within Nigeria, and handles the largest chunk of domestic, foreign and cargo airlines.
In 2005, NAHCO was privatized and listed on the Nigerian Stock Exchange in 2006. The Company is now owned by over 80, 000 shareholders, as well as local and institutional investors.