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Agility seals Menzies acquisition

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Agility

Agility seals Menzies acquisition

August 9, 2022 by Payload Asia

Kuwaiti logistics provider Agility last week finalized its £763 million acquisition (or around US$932.1 million) of UK-based John Menzies PLC, merging it with its subsidiary National Aviation Services.  Once integrated, the combined company will provide air cargo services, fuel services and ground services and will carry the Menzies Aviation brand with Menzies Aviation CEO, Philipp Joeinig, becoming the CEO of the combined company. With combined revenues (Menzies and NAS) exceeding … [Read more...] about Agility seals Menzies acquisition

Other Topics: Agility, air cargo network, air express, air freight services, air logistics, Asia Pacific air cargo, Asia Pacific air freight, Asia Pacific air logistics, Asia Pacific shipments, cargo flights, e-commerce logistics, express delivery, express logistics, international air shipments, international express delivery, Menzies Aviation, transpacific air cargo, transpacific air freight

Agility’s airport services unit confirms Menzies takeover

April 13, 2022 by Payload Asia

Executives at British aviation services company John Menzies have accepted a £571 million (US$741 million) takeover bid from Kuwaiti rival National Aviation Services (NAS), owned by infrastructure and logistics giant Agility. Analysts say the Menzies and NAS merger would create the world’s largest airport services firm, according to the number of countries it operates in. Menzies, which offers services ranging from cargo and baggage-handling to passenger check-in and plane de-icing and … [Read more...] about Agility’s airport services unit confirms Menzies takeover

Other Topics: Agility, Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, Menzies, National Aviation Services

PLA Global Wrap: Week 33

August 25, 2021 by Payload Asia

For this week’s instalment of the global wrap, we have a handful of announcements from week 33, including the planned freighter conversion site in Addis Ababa by IAI and Ethiopian Airlines and the completed purchase of Agility’s unit by DSV Panalpina. There’s also the latest updates from DHL Global Forwarding, BBAM’s new orders for narrowbody freighter conversions, and Qatar Airways’ global rollout with WebCargo. DSV Panalpina completes purchase of Agility’s GIL unit Danish forwarder DSV … [Read more...] about PLA Global Wrap: Week 33

Other Topics: Agility, Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, BBAM, Cainiao, cargo aviation, DHL, DSV Panalpina, Elbe Flugzeugwerke, ethiopian airlines, IAI

CHAMP, QR Cargo, Agility complete ONE Record pilot

January 15, 2021 by Payload Asia

The air cargo supply chain is making further steps toward better data transparency and connectivity as Champ Cargosystems announced the completion of the first phase of its IATA One Record pilot. One Record defines a common API for all electronic platforms used by stakeholders in the supply chain, particularly those involved in the data provisioning process. This would standardise the data exchange protocol in the air cargo industry and is expected to provide better data quality, control, … [Read more...] about CHAMP, QR Cargo, Agility complete ONE Record pilot

Other Topics: Agility, Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, CHAMP Cargosystems, digital cargo, IATA ONE Record, Qatar Airways Cargo

DHL and Agility remain exclusive logistics partners of Messe Frankfurt

September 30, 2019 by Payload Asia

Messe Frankfurt, the world's largest trade fair, congress and event organizer with its own exhibition grounds, has extended its exclusive cooperation with forwarding agents DHL Trade Fairs & Events and Agility for five years.   This is the third time in a row that both companies have been contracted as the official logistics providers for the exhibition grounds in Frankfurt. These grounds span almost 60 hectares, and feature 11 halls with over 450,000 sqm of indoor and outdoor … [Read more...] about DHL and Agility remain exclusive logistics partners of Messe Frankfurt

Other Topics: Agility, Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, DHL, Messe Frankfurt

Agility posts solid 3Q results despite revenue decline

November 11, 2016 by Payload Asia

Agility has announced its financial results for the third quarter of 2016, reporting a net profit of KD15.17 million (US$50 million), an increase of 11 per cent compared to the third quarter of 2015, despite revenues being down 7.0 per cent over the same period to KD312 million. EBITDA stood at KD28.90 million, a 19 per cent increase compared to the same period in 2015. Tarek Sultan, CEO of Agility, said: “We have now been seeing continuous underlying increase in the profitability of the … [Read more...] about Agility posts solid 3Q results despite revenue decline

Other Topics: Agility, Agility Global Integrated Logistics, Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, GIL, Tarek Sultan

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