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Thank You PRN19 Theres so much Doom & Gloom going around and when we have some Good News its best to share it.
Menzies have out performed their socks off through this pandemic and should be praised for getting on with the job and looking ahead rather than following all the Moaners & Groaners !!
Wishing you all a Very Merry CHRISTMAS and with any Luck a Prosperous & HAPPY NEW YEAR. :-)
Many thanks for your recent Menzies updates Kisboy, they're very informative and much appreciated.
Good luck and all the best to all long term holders.
Menzies Aviation achieves further IATA pharmaceuticals handling accreditation at Heathrow and Budapest
21/12/21
Menzies Aviation, the global aviation logistics specialist, is delighted to announce that its cargo operations at Heathrow Airport (LHR) and Budapest Ferenc Liszt International Airport (BUD) have received IATA certification to handle time and temperature sensitive pharma products.
The Center of Excellence of Independent Validators for Pharmaceutical Logistics accreditation (“CEIV Pharma”) is recognised by IATA and follows the recent CEIV Pharma accreditations awarded to Menzies’ Sydney and Melbourne bases.
The CEIV Pharma programme is a multi-stage process of independent audits, validation, and training, which upskills employees and ensures that handlers upgrade their procedures, processes, risk assessment methodology and infrastructure for the delicate handling of time and temperature sensitive pharma products.
This accreditation formally endorses Menzies’ ability to safely handle high-value, time sensitive and temperature-controlled pharmaceuticals transported into and out of LHR and BUD, in line with shipper requirements and with the speed and consistency required. With the ongoing COVID-19 pandemic and the need to handle vaccines with the highest level of efficiency and safety, this accreditation is especially important.
Menzies’ cargo team at Heathrow Airport, operating with over 230 employees, provides cargo services to airlines including Qatar Airways, Air India, Egyptair, MEA, Kuwait Airways and TAP Air Portugal, handling on average 100,000 to 120,000 tonnes per annum. Now that the LHR station has been certified for excellence in safeguarding pharma product integrity, it expects to see a significant increase in pharma volumes through its 10,000 square metre warehouse facility, which features brand new temperature-controlled rooms built for the purpose of handling these products.
In Budapest, Menzies serves customers including Emirates, Aeroflot, Cargolux, LOT Polish Airlines and Finnair at its new warehouse facility, which opened in 2020. Currently a team of over 70 employees handle 35,000 tonnes per annum at the 4,100 square metre warehouse, which has capacity for 45,000-50,000 tonnes per annum. With its state-of-the-art cooling facility, the station is already well equipped for pharma product handling.
Menzies is currently focusing on achieving CEIV Pharma certification at more locations across its global cargo network, further strengthening its supply chain and demonstrating its best-in-class handling standards and procedures.
15/12/21
Menzies Aviation, the global aviation logistics specialist, announces the renewal of de-icing contracts with Norway’s largest airline, Norwegian, at three Scandinavian airports.
The two-year contracts will see Menzies provide de-icing services for Norwegian at Oslo Airport, Copenhagen Airport and Gothenburg-Landvetter Airport. It is expected Menzies will support 33,500 turns at Oslo Airport, 13,900 turns at Copenhagen Airport and 200 turns at Gothenburg-Landvetter Airport annually.
Menzies also provides a range of ground services for Norwegian in Prague, Amsterdam, Budapest and Nice, having established a relationship with the airline in 2015.
Miguel Gomez, Executive Vice President, Europe, at Menzies Aviation, said: “We are delighted to be strengthening our relationship with Norwegian and reinforcing our de-icing network across three Scandinavian airports. These renewals are the result of the close working partnership we have established with Norwegian at its home base in Oslo, and the de-icing expertise demonstrated on the ground by Menzies professionals, with services often delivered in challenging conditions.”
Menzies Aviation makes progress on its All In sustainability strategy
09/12/21
Menzies Aviation, the global aviation logistics specialist, today announces a six-month update on its All In sustainability strategy.
Launched in April, All In is Menzies’ plan for a fair and sustainable future. The industry leading strategy has high-level goals across four key areas: health & safety, legal & ethical, people, and the environment. It also includes a commitment to becoming carbon neutral for Scope 1 and 2 emissions by 2033, Menzies 200th anniversary.
All In encapsulates Menzies commitment to making a positive difference in a changing world for its people, communities and the planet. The plan underpins Menzies’ own sustainable growth and resilience, while also supporting the wider aviation industry.
Over the past six months, Menzies has become a signatory of the UN Global Compact and is participating in two UN Accelerator programmes, Target Gender Equality and UN Climate Ambition Accelerator Programme. Menzies has also committed to setting Science Based Targets and establishing transparent plans for achieving these, in line with the Business Ambition for 1.5°C campaign, limiting global temperature rise to 1.5c. Alongside this, Menzies has reviewed carbon offsetting and socially responsible projects to invest in with ClimateCare, committing to purchase 43,000 tonnes of offsets in 2021.
Within its own operations, Menzies has been investing heavily in transitioning to electric and lower emission ground service equipment (GSE) where airport infrastructure allows, to reduce its carbon footprint and support customers’ sustainability ambitions. For example, Menzies is providing fully electric turns at three European airports, and recently expanded its electric GSE fleet at Manchester Airport. Outside of Europe, Menzies is converting to electric GSE across its US operations and introducing electric forklifts into cargo operations globally. Menzies is also working alongside airline partners on a variety of sustainable aviation fuel programmes, most recently supporting British Airways by fuelling its transatlantic flight BA001 with sustainable aviation fuel.
Across the business, Menzies has implemented a Go Paperless initiative, which analyses paper use via monitoring software, and is digitalising processes and ways of sharing information with teams. A key example is the adoption of a document management solution for cargo at Heathrow Airport, which is already saving a significant volume of paper and will subsequently be rolled out to further locations. Menzies is also collaborating with customers to identify where paper is produced as part of shared procedures, to either change or digitise these processes together.
As well as putting into place paper saving initiatives, Menzies launched the Menzies Aviation Grove, an initiative in partnership with registered charity Trees for Life, through which Menzies can donate funds for rewilding or tree pl
Menzies Aviation wins Best Cargo Handling Operation at the GHI Pride of Ground Handling annual industry awards
07/12/21
Menzies Aviation is delighted to announce it has won the Best Cargo Handling Operation Award at the annual GHI Pride of Ground Handling industry awards.
The GHI judges said Menzies had adjusted to the challenges posed by the pandemic to make sure processes were followed, interruption to customers and the supply chain was minimised and quality of service was upheld.
The award recognised Menzies recent growth and success as a result of being agile and flexible. It quickly adapted to support the increase in global air cargo, such as transporting PPE, and also secured a number of significant contract wins including:
The launch of cargo handling at its single biggest cargo location to date with only 30 days’ notice to provide a handling solution for 250,000 tonnes of cargo for Avianca at their regional hub in Miami.
Expanded into new markets with joint ventures in ****stan, Iraq and China where cargo will be a key component of services as Menzies looks to expand in these new markets.
Developed a global partnership with Qatar Airways which has expanded from London Heathrow to 14 locations in Australia, New Zealand, USA, Macau and Bucharest with combined annual cargo volumes of over 200,000 tonnes.
Menzies also increased cargo facilities by 40% at Los Angles. It now has three custom bonded warehouses that collectively have the capacity to handle over 130,000 tonnes each year.
Technology and innovation across Menzies’ air cargo services was also put under the spotlight, with a focus on how efficient and effective technology is supporting the commercial growth plans of the business.
(Alliance News) - John Menzies PLC said on Tuesday it expects to end the year at least in line with market expectations after stronger than expected trading in recent months.
Year to date, Menzies posted a record GBP73 million net sales win in annualised revenue.
The Edinburgh-based aviation logistics company announced a "record year" for its Cargo Forwarding arm and cited gains in the e-commerce market and contract wins for its success.
Menzies said that the global cargo services market remained robust throughout the pandemic, with increased new business driving higher returns. Subsequently, its Cargo Forwarding business embraced a record year.
Recovery has been seen in its Ground & Fuel Services segment across all regions, despite concerns around the pandemic, resulting in a strong end to the year and positive outlook for the division.
Looking ahead, Menzies said: "We continue to look forward positively. The delivery of our strategic priorities is firmly on track and our pipeline of opportunities remains full.
"Our vision of growing our portfolio to produce a more balanced and resilient mix of revenue is well underway and our recent expansions are delivering strong returns. We expect this growth to continue into 2022 and beyond with cargo volumes already ahead of 2019 levels."
Tue, 30th Nov 2021 07:00
RNS Number : 9541T
Menzies(John) PLC
30 November 2021
Trading Update
John Menzies plc ("Menzies") the aviation logistics service business, today provides an update on current trading.
Key highlights:
- The Board expects trading for the full year to be at least in line with market expectations after stronger than expected trading in recent months.
- The Company's financial position remains solid with liquidity standing at £150m on 31 October 2021. Net debt is in line with our expectations and is currently expected to be around £200m at the year end.
- Globally the air cargo services market remains robust, and we are seeing a steady increase in aircraft movements in all regions, supporting the continued recovery in our ground and fuelling services businesses.
- Commercial momentum has continued with some excellent new contract wins and retention of key contracts. Year to date we report a record £73m net sales win in annualised revenue.