Menzies Aviation reports a revenue of $2.6 billion from its worldwide operations.
by Web Administrator
Apr 01, 2025 10:30
Menzies Aviation reported a revenue of $2.6 billion for 2024, reflecting a 20% increase driven by growth in existing and new markets, along with an EBITDA of $382 million at a 15% margin. The company achieved significant milestones, including IATA's CEIV certifications and major contract renewals, such as a five-year deal with United Airlines in Australia. Menzies opened a new cargo terminal in Bengaluru, enhancing operations in India's airfreight market. Leadership highlighted strategic expansion, sustainability commitments, and record growth in flights and passengers, aiming to lead the aviation services industry.