NAHCO Sets N300B Revenue Target with Extended Airline Contracts ✈️
West Africa’s top ground handling service provider, NAHCO Aviance, has renewed its contracts with three major international airlines — Emirates, Turkish Airlines, and Virgin Atlantic. This milestone is expected to bolster the company’s ambitious plan to achieve N300 billion in revenue by 2029.
✈️ Key Developments
1. Contract Extensions:
• Emirates has extended its full ground handling agreement with NAHCO for the next five years, following its return to Nigerian airspace in October 2024.
• Virgin Atlantic continues its long-standing partnership with NAHCO, citing the company’s track record of excellent service delivery.
• Turkish Airlines, a long-term client, reaffirmed its trust in NAHCO’s reliability by extending its contract.
2. Revenue Projections:
At its recent Facts Behind the Figures presentation at the Nigerian Exchange Limited (NGX), NAHCO unveiled its strategy to hit the N300 billion revenue target, a plan supported by these renewed partnerships.
3. Leadership Statements:
• Indranil Gupta, NAHCO’s Group Managing Director/CEO, described the contract renewals as a testament to the company’s 45-year legacy of excellence in ground handling services.
• Gupta emphasized, “NAHCO will continue to invest in equipment and training to meet our obligations and revenue goals. We will lead the way, satisfy our clients, and delight our shareholders.”
• Saheed Lasisi, Group Executive Director, Commercial & Business Development, highlighted the significance of the renewed trust from the airlines, pledging to exceed their expectations.
Commitment to Growth
NAHCO remains steadfast in its commitment to maintaining its position as a regional leader. With a focus on innovation and exceptional service delivery, the company aims to strengthen its reputation and meet its ambitious goals while supporting the seamless operations of its partner airlines.
Conclusion:
This achievement underscores the trust and reliability NAHCO has earned from its global partners, paving the way for an exciting future for the company and its stakeholders.
West Africa’s top ground handling service provider, NAHCO Aviance, has renewed its contracts with three major international airlines — Emirates, Turkish Airlines, and Virgin Atlantic. This milestone is expected to bolster the company’s ambitious plan to achieve N300 billion in revenue by 2029.
✈️ Key Developments
1. Contract Extensions:
• Emirates has extended its full ground handling agreement with NAHCO for the next five years, following its return to Nigerian airspace in October 2024.
• Virgin Atlantic continues its long-standing partnership with NAHCO, citing the company’s track record of excellent service delivery.
• Turkish Airlines, a long-term client, reaffirmed its trust in NAHCO’s reliability by extending its contract.
2. Revenue Projections:
At its recent Facts Behind the Figures presentation at the Nigerian Exchange Limited (NGX), NAHCO unveiled its strategy to hit the N300 billion revenue target, a plan supported by these renewed partnerships.
3. Leadership Statements:
• Indranil Gupta, NAHCO’s Group Managing Director/CEO, described the contract renewals as a testament to the company’s 45-year legacy of excellence in ground handling services.
• Gupta emphasized, “NAHCO will continue to invest in equipment and training to meet our obligations and revenue goals. We will lead the way, satisfy our clients, and delight our shareholders.”
• Saheed Lasisi, Group Executive Director, Commercial & Business Development, highlighted the significance of the renewed trust from the airlines, pledging to exceed their expectations.
Commitment to Growth
NAHCO remains steadfast in its commitment to maintaining its position as a regional leader. With a focus on innovation and exceptional service delivery, the company aims to strengthen its reputation and meet its ambitious goals while supporting the seamless operations of its partner airlines.
Conclusion:
This achievement underscores the trust and reliability NAHCO has earned from its global partners, paving the way for an exciting future for the company and its stakeholders.