Numbers are rounded.

ABU DHABI – May 13, 2025 – Agility Global PLC, a multi-business owner and operator and long-term investor, today reported Q1 2025 earnings of $21 million, or 0.21 cents per share. EBIT stood at $92 million, EBITDA at $173 million and revenue $1,143 million.

As of March 31, 2025, Agility’s investment segment has a carrying value of roughly $5.1 billion, bringing the balance sheet to $11.8 billion in assets and $5.3 billion in total equity attributable to the shareholders of the parent company.

Agility Global Chairman, Tarek Sultan said “The Group delivered good operational performance in Q1 2025, supported by organic growth across our core businesses. However, net profit was impacted by higher depreciation expenses from new operating leases required for business growth, and higher interest expense since the company was capitalized in May 2024 as part of the listing process as well as higher utilization of debt relative to Q1 2024. Furthermore, the company has taken tax provisions related to the implementation of Pillar Two (global minimum effective corporate tax rate). Despite this, the Group’s underlying operational momentum remains positive, and we continue to advance our strategic priorities. Our investment segment is managed with steadfast discipline, and we are focused on the long-term fundamentals of the assets.”
“We remain cautious of external uncertainties, which may introduce volatility in certain markets. However, the diversification of our businesses, combined with a disciplined and agile strategic approach, positions us well to capture emerging opportunities and deliver sustained value for our shareholders.”

Controlled Segment

For Q1 2025, the consolidated EBIT of the controlled businesses was $79 million; EBITDA was $160 million; and revenue was $1,143 million.

Aviation Services: Menzies

Menzies Aviation revenue reached $649 million in Q1 2025, representing 13% growth over the same period in 2024. This growth was mainly driven by an increase in volumes as a result of new operations in Portugal and Spain, expansion into Serbia, along with winter activity plus yield improvements. Over the same period, reported EBITDA grew by 4% with almost all material divisions and service lines showing growth. Adjusted for non-recurring items booked in 2024, adjusted EBITDA and EBIT for the quarter would have shown a 13% and 24% increase from same period last year.

Menzies recently agreed to acquire 100% of US-based G2 Secure Staff, an aviation service partner of choice for major airlines across the United States. The transaction is valued at $305m plus a deferred consideration of $10m payable in 2026, subject to G2 operations achieving certain agreed-upon performance targets. The deal strengthens Menzies’ position as the largest aviation services business globally, by number of countries, number of airports and aircraft turns.

Fuel Logistics: Tristar 

Tristar, a fully integrated fuel logistics business, reported a $340 million revenue increase of 35% from the first quarter in 2024. The top line increase was mainly driven by growth in the Fuel segment as a result of the new Sri Lanka retail fuel business, which began in the second half of 2024. EBITDA reached $60 million, and EBIT was $26 million, decreases of 7% and 33% respectively. This was driven by a one-off gain booked in 2024 and higher depreciation expense this quarter, from commitment to charter new vessels to activities intended to support business growth. The management is actively working on action plans to improve performance for the remainder of the year.

Tristar group has a healthy pipeline of growth opportunities, especially in infrastructure capacity building. Those opportunities are concentrated in the Maritime and Fuel storage businesses.

Industrial Real Estate: Agility Logistics Parks

Agility Logistics Parks (ALP), a leading developer of warehouse parks and light industrial facilities, reported revenue of $14 million, an increase of 8%. EBIT was $9 million for the quarter. Strong demand for world-class warehousing is fueling the growth of ALP, especially in Saudi Arabia where occupancy rates remained high. ALP continues to benefit from strong market fundamentals driven by ongoing economic diversification initiatives in Saudi Arabia. ALP is currently developing a total of 226k sqm of new warehousing space in Jeddah and Riyadh to be delivered during 2025 and early 2026, and revenue will be booked accordingly. ALP will continue to look for opportunities in the markets where it operates and in new potential markets.

Investment Segment

Agility Global holds non-controlling minority stakes in a number of businesses, both listed and non-listed. As of 31 March 2025, the carrying value of those stakes was roughly $5.1 billion. The company’s largest holdings in this segment are in DSV and Reem Mall.

DSV is a Copenhagen-based logistics company that became the world’s number one freight forwarder following its recently approved acquisition of DB Schenker. DSV announced expected synergies of DKK 9 billion (around €1.2 billion), higher than most analysts’ expectations. The share price has gained positive momentum following the announcement and continues to perform positively. Agility Global owns 19.3 million shares of DSV today, making it one of the Denmark-based company’s largest shareholders. Agility Global maintains a positive long-term view on its investment in DSV because of the company’s strong fundamentals, global market position, and proven track record of value-accretive growth.

Reem Mall – Agility Global is an investor in Reem Mall on Abu Dhabi’s Reem Island. Agility Global’s stake in Reem Mall consists of equity and convertible debt. The mega-mall had a soft opening to the public in February 2023 and launched formally in May 2024. As of March 2025, 198 units were trading, and almost 80% of Gross Leasable Area (GLA) was committed. More tenants are expected to announce openings in coming months. The mall is one of the region’s first fully integrated omnichannel retail ecosystems with digital, e-commerce, and logistics capabilities. It brings together all consumer and retail services to ensure a seamless customer experience.

Recap of Agility Global Q1 2025 Financial Performance

• Revenue increased 17% to $1,143 million.
• EBITDA increased 5% to $173 million, with 15% margins.
• EBIT decreased by 4% to $92 million, with 8% margins.
• Net profit for equity holders reached $21 million, equivalent to 0.21 cent per share.
• Agility Global enjoys a healthy balance sheet with $11.8 billion in assets and $5.3 billion in total equity attributable to the equity holder of the parent company. Agility Global’s largest investment, which is DSV, represents around 32% of the total assets.
• The company’s net debt (excluding lease liabilities) was $2.8 billion. Most of the debt is a result of a funded equity collar on the back of DSV shares.
• Operating cash flow was $164 million for the first quarter of 2025. Agility Global spent $60 million gross CAPEX and investments during the quarter.

State-of-the-art warehouses in Maputo recognized for resource-efficient design

MAPUTO, Mozambique – MAY 1, 2025 – Corredor Logístico de Maputo (CLM) has selected Agility Logistics Park in Maputo to host its new logistics terminal, office, and distribution center, marking a significant step forward in the enhancement of cargo handling and transit services in Mozambique.

Located within the Agility Logistics Park – a modern, secure, 24/7 facility offering international-standard warehousing – the new 7,000 m² CLM terminal is engineered to manage over 50,000 tons of in-transit cargo. This includes the short-term storage of essential food commodities for the domestic market, supporting national supply chain efficiency and food security.

Neide Tsenane, Country-Lead, Agility Logistics Parks Mozambique, said, “We are thrilled to welcome Corredor Logístico de Maputo to our facility and proud that they have chosen Agility as the base for their new logistics terminal. Their presence reinforces our mission to provide world-class infrastructure that empowers trade, strengthens supply chains, and supports Mozambique’s economic growth. At Agility, we’re committed to offering flexible, efficient, and sustainable warehousing solutions that help our clients scale and succeed.”

Clávio Macuácua, Chairman of the Board of Directors at CLM, said, “This project was designed to deliver integrated services, combining the presence of Mozambique’s Tax Authority (AT), Kudumba MC-Net, the National Migration Service (SENAMI), customs brokers, and freight forwarders in a one-stop-shop environment. Our goal is to streamline cargo processing and enhance logistics efficiency.”

Macuácua also emphasized the strategic vision behind the investment: “This initiative lays the groundwork for a future dry port, aiming to boost national logistics corridors and cabotage operations and the infrastructure provided by Agility Logistics Parks provides everything for the efficient implementation of our operations.”

The Agility Logistics Park is strategically positioned with direct access to the Maputo Ring Road in Chiango, Marracuene District, placing it within a 25-kilometer radius of the Maputo Port, Airport, the N4 highway to South Africa, and the Central Business District.

The 320,000 m² site already has 32,000 m² of built-up warehouses and 10,000 m² of open yard space developed in its first phase. The demand for space in the park has been strong and as a result the second development phase is already underway, adding an additional 27,000 m² of warehouse space and expanding the total footprint to approximately 60,000 m² of premium logistics infrastructure.

Geoffrey White, CEO of Agility Africa, said, “We are proud to welcome CLM as a tenant in our logistics park in Maputo. The availability of high-quality, ready-built warehouses plays a vital role in enabling faster, more efficient logistics operations. The availability of pre-built international standard warehousing for lease reduces capital burdens on businesses, accelerates market entry, and fuels economic growth. Agility is committed to being a catalyst for prosperity and jobs in Mozambique and across Africa.”

Agility Logistics Parks offers secure, connected warehouse parks featuring Grade A and B warehouse solutions built with sustainability and engineering excellence. Agility is developing a pan African network of warehouse parks which currently includes Mozambique, Côte d’Ivoire, Ghana, Nigeria, and Egypt, totaling over 1.4 million square meters of industrial real estate across the continent.

State-of-the-art warehouses in Maputo recognized for resource-efficient design

MAPUTO, Mozambique – APRIL 23, 2025 – Agility Global, a multi-business operator and long-term investor in global and regional businesses, announced that three warehouses at the Agility Logistics Parks (ALP) facility in Maputo are the first in Mozambique to receive EDGE Advanced certification as energy- and resource-efficient green buildings.

EDGE (Excellence in Design for Greater Efficiencies) is the global standard for energy-efficient buildings, a certification system overseen by the International Finance Corp. (IFC), an arm of the World Bank. Basic EDGE certification requires a minimum projected reduction of 20% energy use, water use and “embodied energy” in materials when benchmarked against a standard local building.

The ALP warehouses in Maputo are the first warehouses in Mozambique to receive EDGE Advanced certification. In addition to the ALP Mozambique warehouses, Agility Logistics Parks warehouses in Riyadh, Saudi Arabia, and Abidjan, Cote d’Ivoire also have earned EDGE Advanced certification.

Agility Logistics Parks – Mozambique received EDGE Advanced certification for the 14,000 SQM Warehouse 1; 9,000 SQM Warehouse 2; and 9,000 SQM Warehouse 3 at its 320,000 SQM Maputo park.

EDGE Advanced buildings are “zero-carbon ready” structures that are at least 40% more energy efficient than others in the market. When compared with others in the market, ALP’s EDGE Advanced warehouses in Maputo provide energy savings of more than 62.7%; water savings of 40%+ and construction materials containing 68%+ less embedded carbon.

Neide Tsenane, Country-Lead for Agility Logistics Parks – Mozambique, said: “The EDGE Advanced certification of our warehouses in Maputo is more than just a milestone for Agility—it’s a clear win for our customers. It reflects our commitment to delivering world-class infrastructure that supports operational efficiency, sustainability, and long-term business growth.
For our existing tenants, it means measurable savings in energy and water costs, reduced environmental impact, and the assurance that they’re operating within facilities built to the highest international standards. For future customers, it’s a unique opportunity to scale their operations in Mozambique in a setting that’s not only reliable and secure but also future-ready and environmentally responsible.”

Tsenane said quality logistics infrastructure attracts FDI, improves efficiency, reduces costs and enables growth, generating jobs and prosperity.

Agility Logistics Parks are secure, connected, 24/7 complexes with Grade A and Grade B, international-standard warehouses designed with advanced engineering and sustainability features. In addition to the 320,000 SQM park in Maputo, Agility Logistics Parks has a 470,000 SQM park in Abidjan, Cote d’Ivoire; a 160,000 SQM facility in Accra, Ghana; a 270,000 SQM park in Lagos, Nigeria; as well as the 270,000 SQM Yanmu East logistics park in Cairo, Egypt, part of a joint venture with Hassan Allam Utilities.

Tenants at Agility Logistics Parks include international and local businesses in the FMCG, e-commerce, technology, automotive, and natural resource sectors.

Agility Africa CEO Geoffrey White said: “Safe and efficient warehousing is a fundamental requirement for the success of businesses in Africa. The ready-built Agility warehouses permit local companies to grow and develop, while reducing time-to-market and cost for new companies coming to Africa. The growing network of Agility warehouse parks is aligned with the significant opportunities being created by the expanding population, rapid urbanization and burgeoning consumerism in Africa, Initiatives such as the AfCFTA, trade digitization, mobile banking and data access are improving and expanding African trade both regionally and internationally.”

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NYUAD-hosted programs include the University Student Entrepreneurship Program and the Impact Hub for Emirati Women Achievers

Programs to address opportunities and challenges for female business owners in the UAE

Abu Dhabi – April 15, 2025 – Agility Global PLC, a multi-business owner and operator and long-term investor in global and regional businesses, has announced its support for two key      programs organized by startAD, powered by Tamkeen and anchored at  NYU Abu Dhabi (NYUAD), aimed at fostering the next generation of Emirati entrepreneurs.

These initiatives will empower young innovators and business leaders by equipping them with the tools, mentorship, and skills needed to build scalable ventures, with a particular emphasis on supporting Emirati women in entrepreneurship.

The UAE has rapidly emerged as a leading startup hub in the GCC, with 5,600 new firms registered in Q2 2024 alone, reflecting the country’s business-friendly policies and commitment to economic diversification. Recognizing this momentum, Agility Global is deepening its engagement with the local entrepreneurial ecosystem through its support of startAD.

The first initiative, the University Student Entrepreneurship Program, will support up to 20 students from NYUAD and the wider UAE. The students will be upskilled and receive guidance on various aspects of the venture creation process including identifying market gaps, formulating business models, and creating minimum viable products. Agility Global’s contribution will be instrumental in providing structured training and upskilling support to students , ensuring students gain practical insights into entrepreneurship and innovation.

In parallel, from Agility Global will support the Impact Hub for Emirati Women Achievers, a pioneering program dedicated to empowering visionary Emirati women in business and innovation from February to August 2025.

Studies highlight a notable increase in women entrepreneurs in the UAE over the last decade, driven by government and private sector initiatives. A recent study by Mastercard found that 84% of women in the UAE are considering starting their own business with more women (49%) identifying as entrepreneurs than men (47%) – reflecting the country’s rapidly evolving business landscape.

Despite significant strides in female entrepreneurship in the UAE, challenges remain. Another recent report by Visa found that access to funding remains a critical challenge for UAE women entrepreneurs, with 57% of women-owned businesses in the UAE relying on personal finances. This makes programs like the Impact Hub essential for equipping women with the skills and networks needed to succeed.

Through this program, Emirati women innovators will benefit from expert coaching, skills training, focused on transformational leadership and catalyzing innovation ecosystems. The initiative will also facilitate participation in digital and in-person forums, creating opportunities for professional growth and collaboration. Agility Global will align its support with women-led ventures that intersect with its strategic business interests in the region.

“Entrepreneurship is a powerful driver of economic diversification, innovation, and sustainable development. By supporting startAD’s programs, we are investing in the next generation of Emirati entrepreneurs—both university students and women business leaders—who will shape the future of the UAE’s knowledge economy. These initiatives align with our commitment to fostering talent, empowering communities, and driving meaningful change through innovation. We are proud to collaborate with startAD and NYU Abu Dhabi to create opportunities that equip young business leaders with the skills and networks they need to thrive,” said Frank Clary, Vice President, Sustainability at Agility Global.

Ashwin Joshi, startAD Director, added: “Our partnership with Agility will accelerate the next wave of UAE entrepreneurship by equipping emerging leaders with the skills and networks to succeed. With 77.6% of women-owned businesses led by entrepreneurs under 40 and venture funding set to exceed $2 billion by 2024, this collaboration—through the sponsorship of the University Student Entrepreneurship Program and the Impact Hub for Emirati Women Achievers — will drive innovation, industry transformation, and long-term economic growth in the UAE.”

startAD was launched in 2016 by Tamkeen in partnership with NYU Abu Dhabi. It has played a pivotal role in enabling early-stage startups to develop and scale in collaboration with local and global partners. Anchored at NYU Abu Dhabi, startAD is committed to driving the UAE’s transition into a knowledge-based economy, in alignment with the Abu Dhabi Economic Vision 2030. startAD equips startups, SMEs, and aspiring entrepreneurs with the skills, frameworks, and industry connections needed to turn innovative ideas into commercially viable ventures.

Through this collaboration, Agility Global highlights its commitment to fostering entrepreneurship in the UAE, supporting the nation’s ongoing efforts to cultivate a thriving startup ecosystem. By investing in the next generation of business leaders, Agility Global and startAD are helping to shape a future where Emirati entrepreneurs drive innovation and economic progress on a global scale.

• Deal expands Menzies’ U.S. footprint; enhances passenger services offering across major U.S. airline hubs
• Menzies’ global network will increase to 340 airports and 65,000 employees
• The deal is expected to boost Menzies’ revenue by 20% per annum to over $3.1 billion, based on FY 2024 earnings

14 April 2025, London: Menzies Aviation, an Agility Global company, and the leading service partner to the world’s airports and airlines, announces today that it has signed a $305m USD agreement to acquire U.S-based G2, an aviation service partner of choice for major airlines across the United States.

Once the deal is completed, Menzies will operate in over 340 airports in 65 countries with a global team of 65,000 highly trained people. The deal is expected to boost Menzies’ group revenue by 20% to over $3.1 billion, based on FY 2024 revenue figures.

This deal strengthens Menzies’ position as the largest aviation services business globally, by countries, airports and aircraft turns.

John Redmond, Executive Vice President Americas, Menzies Aviation said:

“This acquisition is a key milestone in our longer-term value creation strategy. We are already the global industry leader in terms of countries, airports and aircraft turns and this transaction will expand our footprint to 340 airports worldwide. This deal enhances our presence in the United States – the largest and most dynamic aviation market worldwide, and we look forward to working with the G2 team to realise the potential for growth. We are confident in the resilience and strength of the U.S. economy and aviation market, where we have been a key player for 25 years.”

Menzies first entered the U.S. market in 2000 and is currently an industry leader providing safe and high-quality ground, air cargo and fuel services. Established in 2005, G2 has a strong growth history within the U.S., with a focus on providing passenger assistance, cabin cleaning and ground and air cargo handling at airports across the country, including major airline hubs. G2’s services complement and expand Menzies’ current service offering to customers.

This agreement, which involves the acquisition of the entire G2 business, will expand on Menzies’ best-in-class service offering for airline customers with nearly 20,000 employees working across more than 100 airports across the U.S.

In a fragmented aviation services market, airlines and airports will benefit from having an established operator with scale that can leverage its extensive track record to establish a new standard of service focused on operational excellence. G2 will rebrand as Menzies, and the business will roll out its industry-leading training and safety-first culture, sustainability practices and innovative technology across its new airports of operation.

The transaction to purchase G2 is subject to regulatory approvals and is expected to complete in June 2025.

Julie Gostic, Chief Executive Officer, G2 said:

“We’re proud to be joining Menzies Aviation, the global leader in aviation services, and entering an exciting new era of growth. I look forward to building on our reputation for consistency and high-quality standards while also maintaining a close relationship with our customers, who can expect to see the same level of premium service. G2 customers and our employees will benefit from Menzies’ experience in setting global standards for service, safety and sustainability. We look forward to entering this exciting new era with Menzies.”

For further information contact:

Bronwyn Torrie, Head of Communications, Menzies Aviation
via DGA Group
DGA Group, One Fleet Place, London, EC4M 7RA
menziesaviation@dgagroup.com
Tel: +44 (0)7894 991 586

*Numbers are rounded.

ABU DHABI – March 26, 2025 – Agility Global PLC, a multi-business owner and operator and long-term investor, today reported full year 2024 results. Earnings were $128 million, or 1.25 cents per share. EBIT grew 21.4% to $404 million, and revenue increased 14.5% to $4,507 million.

Agility Global Chairman Tarek Sultan said: “The past year was an exciting one for Agility Global. With the May 2024 listing of our company on the dynamic, fast-growing Abu Dhabi Securities Exchange, we entered a new era of growth. Our three largest operating businesses – Menzies Aviation, Tristar Group and Agility Logistics Parks – took important steps to strengthen their market-leading positions by expanding their footprint and acquiring new customers.  Our investment segment reported an increase in the carrying value of our portfolio in 2024, driven by the price appreciation of our largest investment, DSV, following announcement of its planned acquisition of DB Schenker making DSV the world’s largest freight forwarder and logistics provider.”

Dividends

In December 2024, the company paid $65 million in cash as interim dividends for 2024. And in-line with the Company’s guidance, the board has now recommended distributing another $65 million as cash dividends for the financial year 2024. That recommendation will be submitted to the General Assembly for approval. This will bring the total cash dividends for 2024 to $130 million.

FY 2024 Performance

Controlled Segment

For FY 2024, the consolidated EBIT of the controlled businesses was $391 million; EBITDA was $698 million; and revenue was $4.5 billion. This reflects increases of 13.7%, 13% and 15%, respectively, over 2023.

Aviation Services: Menzies

Menzies Aviation revenue reached $2.6 billion in 2024, representing 20% growth from 2023. This growth was mainly driven by increase in volumes as a result of new operations launched during 2024. New operations include an acquisition in Portugal, seven new licenses in Spain, expansion into Serbia, a new cargo facility in Bangalore, India, and new operations at other locations across the globe. Over the same period, EBITDA grew by 20% with almost all material divisions and service lines showing growth.

In addition to the new operations Menzies also successfully negotiated contract renewals with key customers; was awarded a new state-of-the-art cargo facility at the Western Sydney Airport; and rolled out new cargo software (MACH) at 20 airports.

Menzies has had a strong start to 2025 with growth in ground handling, cargo and fueling operations across its 300-airport network in 65 countries.

Fuel Logistics: Tristar 

Tristar, a fully integrated fuel logistics business, delivered strong performance during 2024. Revenue was $1.2 billion, an increase of 11.8%. EBITDA reached $255 million, and EBIT was $152 million, increases of 16.8% and 29.7%, respectively, over 2023. The top line growth was mainly driven by the start of new Sri Lanka retail fuel business, where Tristar received a license to operate 150 Shell-branded fuel stations for a 20-year period.

Tristar group has healthy pipeline of growth opportunities, especially in infrastructure capacity building. Those opportunities are predominately related to the Maritime and Fuel storage business.

Industrial Real Estate: Agility Logistics Parks

Agility Logistics Parks (ALP), a leading developer of warehouse parks and light industrial facilities, reported revenue of $52 million an increase of 13.2%, EBIT stood at $67 million including the IP revaluation gain of $30 million.  Adjusting for the IP revaluation in both periods EBIT showed a 25% increase. Strong demand for world-class warehousing in fast-growing MENA markets is fueling the growth of ALP, especially in Saudi Arabia. During 2024, ALP kicked off the construction of the Jeddah logistics park that was previously announced. ALP Saudi Arabia also announced development of more than 100k SQM of warehousing space in Riyadh. ALP will continue to look for opportunities in the markets where it operates and in new potential markets.

Investment Segment

Agility Global holds non-controlling minority stakes in a number of businesses, both listed and non-listed. As of 31 December 2024, the carrying value of those stakes was roughly $5.3 billion an increase of $815 million from December 31, 2023. The largest holdings in this segment are in DSV and Reem Mall.

DSV is a Copenhagen-based logistics company and is expected to become the world’s number one freight forwarder when it completes its acquisition of DB Schenker, based in Germany. Agility Global owns 19.3 million shares of DSV today, making it one of the Denmark-based company’s largest shareholders.

Reem Mall – Agility Global is an investor in Reem Mall on Abu Dhabi’s Reem Island. Agility Global’s stake in Reem Mall consists of equity and convertible debt. The mall had a soft opening to the public in February 2023 and launched formally in May 2024. To date, 194 units are trading, and almost 80% of Gross Leasable Area (GLA) is committed. More tenants are expected to announce openings in coming months. The mall is one of the region’s first, fully integrated omnichannel retail ecosystem with digital, e-commerce, and logistics capabilities. It brings together all consumer and retail services to ensure a seamless customer experience.

Recap of Agility Global FY 2024 Financial Performance

• Revenue increased 14.5% to $4.5 billion.
• EBITDA increased 17.4% to $711 million, with 15.8% margins.
• EBIT increased by 21.4% to $404 million, with 9% margins.
• Net profit reached $128 million, equivalent to 1.25 cent per share.
• Agility Global enjoys a healthy balance sheet with $11.8 billion in assets and USD 5.6 billion in total equity attributable to the equity holder of the parent company. Agility Global’s largest investment, which is DSV, represents around 35% of the total assets.
• The company’s net debt (excluding lease liabilities) was $2.5 billion. Most of the debt is a result of a funded equity collar on the back of some DSV shares.
• Operating cash flow was $627 million for 2024. Agility Global spent $197 million in net CAPEX and investments during the year.

12 March 2025, London: Menzies Aviation, the leading service partner to the world’s airports and airlines, has unveiled its new 245,000 square feet greenfield domestic cargo terminal in partnership with BIAL (Bangalore International Airport Ltd).

The new state-of-the-art cargo terminal is designed to enhance operational efficiency for Menzies’ cargo operations. It will support a wide variety of airfreight commodities, and incorporates advanced technology, specialised storage facilities, and sustainable design principles to deliver seamless handling while accommodating future growth in cargo demand.

Strategically located at Kempegowda International Airport Bengaluru, the terminal spans more than seven acres and is designed with scalability in mind. Handling up to 360,000 tonnes of cargo at peak capacity, it boasts a total built-up area of more than 245,000 square feet – 80 percent of which is dedicated to core operational activities, ensuring high efficiency and seamless cargo management.

With space for up to 42 trucks simultaneously, the facility also has eight strategically placed floor-level weighted scales for accurate cargo weight and volume verification.

Constructed in line with Indian Green Building Council (IGBC) standards, the new facility is poised to set a new benchmark for efficient and eco-friendly cargo handling. It incorporates sustainable design elements such as sky lighting, enhanced ventilation for optimal air quality, water conservation measures, efficient waste management systems, and energy efficient technologies.

Charles Wyley, EVP Middle East, Africa & Asia, said: “Our new greenfield domestic cargo terminal at Kempegowda International Airport Bengaluru (BLR) is a major step forward in our commitment to delivering efficient, reliable and future-ready logistics solutions. With the rapid growth in air cargo in India – which is set to reach 5.8 million tonnes by 2029, this facility is designed to not only meet today’s demand but to scale for future needs as the industry continues to evolve.”

Satyaki Raghunath, COO of Bangalore International Airport Limited, added, “This new domestic cargo terminal reflects our unwavering commitment to sustainable growth. By seamlessly integrating eco-friendly practices with cutting-edge technology, we have created a facility that addresses the growing demand for domestic cargo but also sets benchmarks for operational efficiency and environmental responsibility. This new facility will bring us closer to realising our vision of becoming a premier air cargo hub, unlocking new opportunities and driving economic growth.”

3 March 2025, London: Menzies Aviation, the leading service partner to the world’s airports and airlines, has announced a major contract win with Air India, India’s leading global carrier. Under the new three-year agreement, Menzies will deliver a full suite of ground handling and cargo services at eight locations across four continents.

The company will provide a mixture of passenger, ramp, de-icing and cleaning services at London Heathrow (LHR), Copenhagen Airport (CPH), Toronto Pearson International Airport (YYZ), Kuwait International Airport (KWI) and Los Angeles International Airport (LAX). In the first year alone, Menzies is set to manage at least 4,100 turns, with significant growth anticipated over the course of the three years.

Menzies has also been appointed to deliver cargo warehouse services at four locations for the flag carrier airline of India including Kuwait International Airport (KWI), Dallas Fort Worth International Airport (DFW), Sydney Airport (SYD) and Melbourne Airport (MEL). Teams at the four locations is likely to handle approximately 9,000 tonnes of cargo in the first 12 months of the new agreement.

Founded over 90 years ago, Air India, India’s leading global airline, flew more than 45 million passengers and transported 295,000 tonnes of cargo globally in the calendar year 2024. Based at Gurugram in northern India, Air India had placed the then largest-ever order for 470 new aircraft in 2023 and added 100 more aircraft to the numbers. Today, Air India group employs more than 30,000 people, operates over 300 aircraft and carries customers to 55 domestic and 48 international destinations across five continents.

Philipp Joeinig, CEO, Menzies Aviation, said: “We’re excited to enter a new chapter in our relationship with Air India, expanding our footprint right across the globe. This latest win underscores the progress we are making on our ambitious growth plans and reflects the safe, secure and high-quality services that we offer our customers. We look forward to building our relationship with Air India, providing exceptional aviation services to its growing number of passengers over the next three years.”

February 2, 2025, London: Menzies Aviation, the leading service partner to the world’s airports and airlines, has announced a major milestone in its global expansion, reaching 300 airports worldwide. This growth underscores the company’s continued commitment to becoming the undisputed number one supplier of aviation services on a global scale.

The latest addition to its extensive network is Kuala Lumpur International Airport (KUL), the largest and busiest airport in Malaysia. In 2023, KUL managed 47.2 million passengers, 980,040 tonnes of cargo, and 819,026 aircraft movements, solidifying its position as a key hub in Southeast Asia. This strategic expansion into KUL marks an important step in strengthening Menzies’ global presence across six continents.

As part of its strategic vision, Menzies’ announcement is a testament to its efforts to improve operational efficiencies, enhance customer service, and contribute to the safety and sustainability of the aviation industry.

Philipp Joeinig, Group CEO, Menzies Aviation, said: “We are excited to welcome Kuala Lumpur International Airport to our growing network of more than 300 airports in 65 countries. This expansion provides our airlines customers with easier access to our high-quality, trusted aviation services across six continents. We remain dedicated to providing the safest, most secure, and sustainable landside and airside solutions in every location we operate.”

Hassan El-Houry, Executive Chairman, said: “We are incredibly grateful for the hard work and dedication of our employees, airline customers and airport partners who have helped us reach this significant milestone. We look forward to continuing this journey and we’re excited to welcome both passengers and airlines to KUL and beyond.”