All National Aviation Services articles
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InsightsAfrican airfreight on the ascent
As it emerges from the pandemic, Africa’s airfreight and logistics market is in expansion mode, attracting significant investment, writes Roger Hailey.There is investment in new and converted freighter aircraft, upscale cargo drones, consolidation in the cargo ground handling sector and the acquisition of a large specialist freight forwarder by a ...
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News
Menzies and NAS finalise £571m takeover deal
Menzies will recommend to shareholders a takeover offer from Agility subsidiary National Aviation Services (NAS) that values the company at £571m.The two companies today announced they reached agreement on the terms of a recommended cash offer to acquire 100% of the ordinary shares in Menzies at a price of £6.08 ...
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News
Menzies accepts NAS takeover offer
John Menzies has approved a takeover proposal from Agility subsidiary National Aviation Services (NAS) Holding following its rejection of earlier offers.The board of Menzies has received a further revised “final” proposal from Agility subsidiary NAS regarding a possible all cash offer for Menzies of 608 pence per share.The deal has ...
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NewsJohn Menzies takeover bid intensifies
Photo: MenziesNational Aviation Services (NAS) has stepped up the pressure on takeover target John Menzies.NAS affiliate Agility Strategies Holding has entered into contracts to buy 13.2% of Menzies shares for 605 pence per share, higher than the original unsolicited bid.On February 9, NAS’ 510 pence per share offer for John ...
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News
Menzies issues further takeover rebuff to NAS
Menzies has issued a further takeover rebuff to Agility subsidiary National Aviation Services (NAS), which last week launched a 510 pence per share bid for the Scotland-based wholesale airfreight and airport ground handling group.The board of Menzies said on February 15 that it has engaged with its shareholders following its ...
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News
NAS expands cargo presence in Kenya through Siginon partnership
National Aviation Services (NAS) has acquired a 51% stake in Siginon Aviation which provides airport ground handling and cargo management services at two Kenyan airports.The deal means that NAS has expanded its presence in Africa through the addition of Nairobi and Eldoret airports in Kenya.NAS group chief executive Hassan El-Houry ...
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News
Handler NAS to expand operations in Africa
National Aviation Services (NAS) will expand its cargo handling operations in Africa after gaining a license for services in the Democratic Republic of the Congo (DRC).The ground handling license — Certificat d’Operateur d’Assistance en Escale (COEA) — was awarded by the Civil Aviation Authority of the DRC.Under the terms of ...