Skyway Aviation Handling Co. Plc
NNSENG:SKYAVN171.20
NGN
0.00
(0.00%)
ISIN
NGSKYAVN0003
Return %
Stock
S&P 500
1Y
72.84
14.20
3Y
575.35
81.12
5Y
3,747.19
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Adenike Aboderin
- Sector
- Transportation
- Industry
- Other transportation
- Address
- Ikeja Nigeria
- IPO Date
- Apr 24, 2019
- Website
- sahcol.com
- Similar Companies
- Business
- Skyway Aviation Handling Company Plc provides aviation ground handling, cargo warehousing, and airport support services across commercial airports in Nigeria. The company operates through several core business segments, offering comprehensive end-to-end aviation support services that include: passenger handling services, encompassing passenger check-in, baggage tagging and sorting, boarding assistance, transit management, ticketing, and specialized assistance for passengers with reduced mobility; cargo and mail handling operations, featuring export and import processing, customs documentation facilitation, cold chain and temperature-controlled storage, bonded warehousing, dangerous goods handling, and automated cargo screening; ramp and airside services, including aircraft marshalling, pushback, towing, baggage loading and offloading, cabin cleaning, aircraft interior sanitization, potable water and lavatory services, and ground power and air start unit provisioning; aviation security services, comprising aircraft guarding, baggage and cargo screening, access control, and passenger profiling; flight dispatch and operations control, providing flight planning, weight and balance calculations, NOTAM briefings, and meteorological documentation; hospitality and premium passenger services, including the management of executive and VIP airport transit lounges; ground support equipment (GSE) maintenance, fleet leasing, and engineering support; and aviation training programs conducted through its IATA-accredited SAHCO Training Academy, covering dangerous goods regulations, ramp safety, cargo operations, and customer service. Headquartered in Ikeja, Lagos, Nigeria, at the Murtala Muhammed International Airport, the company traces its roots to 1996, was privatized and incorporated in its current corporate structure in 2009 as a subsidiary of the SIFAX Group, and is listed on the Nigerian Exchange. In recent developments, Skyway Aviation Handling Company Plc has expanded its commercial portfolio and operational infrastructure through strategic multi-year contract acquisitions and renewals. The company secured a five-year ground handling contract renewal with British Airways, commenced full ground handling services for Neos Air on its Milan-Lagos route, entered into handling partnerships with Air Algerie and Uganda Airlines, and was appointed as the exclusive ground handling partner for Ethiopian Airlines at Mallam Aminu Kano International Airport. Additionally, the company expanded its presence in religious tourism charter logistics through Hajj operations contracts with carriers such as flynas and Umza Air, while broadening domestic handling arrangements with airlines including Air Peace, Ibom Air, ValueJet, and Green Africa. To support expanding operational capacity, the company executed major capital investments in its cargo infrastructure, deploying high-capacity dual-view cargo x-ray screening equipment, modernizing cold chain storage facilities, and acquiring advanced ground support equipment fleets, alongside pursuing geographic expansion initiatives into regional West African and Middle Eastern markets.