The ground handling rates in Nigeria remain the lowest among African countries. The handling fees by ground handling...
The Nigerian Aviation Handling Company Plc, NAHCO Aviance, slashed the salaries of some categories of staff between 10%...
Aviation handlings firms made N2.63 billion from cargos handling against N2.53 billion recorded in same period in 2020.
For companies like NAHCO and SAHCO, cargo business got a major boost from higher importation of goods.
Nigerian Aviation Handling Company Plc (NAHCO) recorded a significant decline in its 2020 FY pre-tax profits, as total revenue declined.
A Director on the Board of NAHCO has acquired 1,065,700 additional shares of the company, worth N2.45 million.
The effects of COVID-19 induced lockdowns and travel restrictions have forced ground handling firms to consider job cuts, and cost reduction measures in a bid to survive.
The Nigerian Aviation Handling Company Plc has taken back the ground handling operations of Ethiopian Airlines Cargo and Mail Services, which was formerly handled by Skyway Aviation Handling Company Limited (SAHCOL)
NAHCO said it has no connection whatsoever with this alleged act, as it has initiated contact with the Nigerian Customs Service’ hierarchy to provide it with details of the incident.
The stock market started the week bearish as the all-share index dipped 0.26% to close at 29,552.99 index points.
GTBank, Transcorp, NAHCO, Chams and Zenith Bank attracted the highest trade of shares on Friday.
The Nigerian Aviation Handling Company Plc (NAHCO) is set to support the Federal Government in its determination to diversify the economy by providing the infrastructure that would boost food export businesses.
